Sadly, in the pre-Bachelor generation in Germany, that's quite a common situation. And, for different reasons, matters are similarly bleak in many other 'Western' countries. Historically, the prosperous decades that followed WW II (at least in the West) will be a very short period, I think. Which is why I consider dystopian SF to be quite realistic, sometimes. Still, I'm not a *complete* pessimist - and still hopeful that 'society' will find new solutions for new circumstances/problems.