Yes, well said. But it's absolutely intended.
Lure in the young and cheap, then let them get slowly disillusioned as to have them either accept that fact that they will get exploited until almost broke, at least relative to what they would need for a civilised retirement, or they leave without enough savings for later, and making space for another young dreamer. No social obligation whatsoever, they say you could have saved for that yourself, but the trick is that inflation directed everything back to their pockets before you were able to counteract.
It is an exploitation society and will always be one step ahead of you. Up to maybe 4 years, there was the property market. It was a dangerous path, but at least a chance of preparing for retirement. These days are gone because we are grossly out-priced.
EK might still be an option, but you either have to come with a nice reserve back home, for retirement, or the latter has to happen in a very cheap environment.
You know: Exactly the kind of environment you wanted to leave for good reason in the first place!!
The Boss tells the story: