For sure, and it's really fascinating to see how there's a dialectic playing out in all this. The systemic pressures of the collapse drive behaviors which in turn feed back into the evolution of the system as a whole. There's a feedback cycle between the large and small scale driving the whole system towards an inexorable outcome.
Maany people no longer have any optimism towards the future, and that in turn results in them prioritizing short term goals over long term planning. This in turn creates further systemic problems which lead to even more people losing faith in the future. A great concrete example of this is the doom spending trend where people just max out their credit knowing that they're never going to be able to pay it off.