This fantastic figure by @jburnmurdoch is Exhibit 1 of what an aging society means for the political game: public investment, which is choosing future rewards over present consumption, gets squeezed out.
— Jesús Fernández-Villaverde (@JesusFerna7026) July 20, 2026
Still not convinced this is a first-order challenge? pic.twitter.com/MLyV3a7WCE
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