The 737 Max is likely dead, forever, for passenger traffic.
There's just too much for every stakeholder, but Boeing, to lose.
Most likely Boeing will need state help (like the auto company bailout) while it transitions to some new post-737-Max reality.
The 737 Max rise and fall will likely become a popular business school case study.
(I could be wrong, but I just don't see this plane ever being palatable for much of the flying public. The fear of flying is just to visceral, to simply act like none of this ever happened.)