Recovery is a long and often slow process, often fraught with failure. In the recovery programs for substance abuse, they say more folks in recovery fail than succeed. I don't really know if there's any statistical proof for that statement. (The term for repeated failure is recidivism, which means repeating undesirable behavior after experiencing the consequences, and is widely used for criminals who are re-arrested.)
Somehow I don't see this recovery of self failing en masse, at least not among mature adults. The young adults like my 22 year old niece may be a different story, but the changes I see happening are not likely to go away in a single generation.
I don't think many folks will go back to living on credit, plus folks will have a stronger sense of ethics, and awareness of what's really going on in the economic and political world. It will be more difficult to pull the wool over our eyes about a lot of things, but especially money and a slick pitch. We are finding out we can live without many things once thought necessities.
Families are discovering that family time spent together is not unpleasant after all. I actually saw the kids across the street (ages 8-14) playing together outside today. Church attendance is up, and so is community involvement.
Maybe we are finally shedding our fake skin?