Greece has chosen to accelerate. 6 day work week is back on the menu.

I found an interesting comment in the reddit thread. Governments no longer have citizens. They have employees. Which makes sense with how things are going in the modern age. In such a system the only way to improve the quality of life of the labor class is to either isolate from the rest of the world or to pick up the bottom strata consistently until quality of life is high across the board so there is no benefit to picking somebody else up to do the same job for less money as nobody would agree to the contract.

We can now expect an outflow of Greek citizens to the rest of the EU meanwhile an increased inflow of labor from the poorer east European and North African territories.

The western societal systems are clearly not sustainable as they are completely dependent on bringing in people from the rest of the world to make up for population decline. The quality of people being brought in has been declining decade on decade as well as the smartest people have already been picked up from across the globe. The only remaining move is to bring in immigrants from culturally close nation states along with bordering nation states.

Just as the black plague improved the quality of life of the labor class due to lack of labor availability, we will see another improvement in the quality of life of the bottom class as the European populations continue to decline.

None of the developed societies of the world today are sustainable. As all of them are running on a below replacement fertility rate and have no capacity to replace their own internal populations, nor the levels of innovation required to grow at more than 2% GDP growth with a declining population.

In the end, western nation states can only grow via expansion.