If I can begin to steer things back to topic....
An ageing population is a huge issue for us, but also for China where their "1 baby" policy is leaving them with a huge care issue. I saw the other day (on a TV programme) that there are c.100,000 people employed as "carers" in China, estimates suggest they need 10 Million.
Back in Europe, what legacy is being left to the young? Is not that all the more reason that we get things sorted now and not simply pass on the debt?