will never sink. essential occupation. just that one of the following will happen:

1) everyone accepts lower audit quality - which i expect actually, since most users have no idea what is a "good" audit, they just care that the report is signed off, in US the market moves left and right on non-GAAP reporting / unaudited figures anyway, people only jump when there is something significant, the fines left and right for low standard audits dont seem to worry anyone, and those do not often result in restatements
2) partners finally give in and accept lower salary / improve working conditions
3) regulators ease requirements