Yes.
Men used to come from all over Europe and worked in the US for a few years to save up to buy a small farm back home.
Some finally brought their families over and became Americans, the majority went back and bought their farm.
We have done a great deal of moving but now you would need blasting powder to get us out. Of course, half of us are retired so there is that.
The aging of the population is definitely an issue. And there are other issues.
For me, the useful for point is that the confluence of demographics and economics is very complex. You have a theory? FReep, it’s probably wrong.