there always will be. So, let's investigate another assumption that you make in the book, which is that governments will continue to honor the pensions, the healthcare insurance policies, et cetera, that they currently provide to their aging citizens. This obviously going to put a huge strain on working people, who also have a say in how their society is governed and in the choices that their government makes. Make the argument for me as to why we can continue to expect to see that, as opposed to governments just cutting back on these unfunded liabilities, like in the US, like Medicare, Medicaid, Social Security. They may have to cut back somewhat, because the old of whom I'm now one have had, I think, a very fortunate life. And as you indicate, the condition in terms of taxation of workers in future may be increasingly harsh. But one of the issues here is a sort of political science issue, which is that the proportion of the old who vote, the good you hire and the proportion of the (22/43)
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