Going to any small towns in China, people playing pokers and mahjon all the time. How many female workers stopped working at age 50, even 45?
Don't mention the whole beuaucracy system. Ratiowise, it probably is the highest in the world.
Deflation in europe also takes time. Houses takes longer time to sell doesn't mean it actually keeps its price.
Again, this kind of comparison is meaningless. One has to consider how much money is used for speculation, life standards, and the whole social security system. Just my 2cents.