People are not confident of those sorts of outcomes this time (indeed many forecasters and financial markets will be seriously wrong-footed if a rapid recovery in the crisis-hit countries does occur). Observers in some countries even wonder whether their trend growth rate may have been impaired for a lengthy period by what has occurred. But most countries did not have a bank solvency crisis.
It requires leadership from political leaders, from business organisations, and from community leaders also. But as those with a professional understanding of tariffs, budgets, monetary policy, taxes, and all the rest, economists surely have a major responsibility to help in building public understanding of the choices and the dilemmas.