> People wonder where all the money is going and there's no particularly good answer.

That's because people don't want to open their eyes, it's mostly going in pensions and public services and is increasingly more paid with debt.

As for decades and decades politicians have avoided to become unpopular by raising pension ages (or did it way too slowly), those are the results.

Look at what happened in France under Macron when he raised pension age or tried to stop the bleeding in public financing: raise in national populism yet again, as if the far right in France (or the far left) had some magic wand (same for reform UK) to stop the bleeding.

Actually, if you look at the rightist populist across Europe (Poland, Hungary, Italy) they made the problems worse by actually jumping into very (historically) leftist measures such as throwing even more money at the public (benefits, pensions) at the expense of public debt.

Poland feels it slightly less because it has more growth (largely attributed to the nearly 2 millions of Ukrainians that settled there bringing with them their skills and tons of money).