Look at the demographic pyramids: https://en.m.wikipedia.org/wiki/Demographics_of_Germany https://en.m.wikipedia.org/wiki/Demographics_of_Germany https://en.m

Look at the demographic pyramids: https://en.m.wikipedia.org/wiki/Demographics_of_Germany https://en.m.wikipedia.org/wiki/Demographics_of_Germany https://en.m.wikipedia.org/wiki/Demographics_of_Italy https://en.m.wikipedia.org/wiki/Demographics_of_Italy https://en.m.wikipedia.org/wiki/Demographics_of_Spain https://en.m.wikipedia.org/wiki/Demographics_of_Spain Massive bulges over 40 that will require support from a shrinking base of young people.