Even if it deos happen, the average consumer is too stupid to see it. Many of them will still be giving Christmas gifts and clinging to commercialism until the day they die.
FYI, the Government wont LET such a scenario happen. They will declare martial law to keep the peace, and 95% of the population will be on THEIR side.
I do believe you are correct. The problem will be that, as of now, there will not be enough peace keepers to keep the peace. Our peace relies heavily on peaceful behavior of our citizens. If that breaks down, it will not be manageable.