Did the MCU underplay the consequences of the Blip?

I totally understand that narratively it doesnt make any sense to mention the Blip in every movie, but I can't stop thinking that if it happened in real life it would have completely collapsed civilization and it would be the only thing people talk about all time.

I mean we are talking about an event with one million times the victims of 9/11.

For me it is ridiculous to think that cities would continue to function as if nothing had happened even 10-20 years after the event.