I believe our current mess is not just a financial bubble popping, but a values bubble popping as well. This financial crisis is occuring after the boomer generation rejected "family values," increased divorce in order to "find themselves," which put the majority of women into poverty, tore up the black families, and now white families.
This crisis will end when we learn the lessons of the depression, and start to fix our family problems as well as paying down our credit cards.
Think of the money saved by only having one set of tools, mowers, etc. Grandma home to baby sit, cook and teaching the younguns. Those truly were the good old days, very happy people. The Walton's.