She's not happy. Happiness is the illusion she's trying to chase. To fill that empty hole she feels inside. You did it for her for a while, but you can't fill that void. Neither will what she is doing now. She seems happy because it's something new - Like getting a new car. Looks great till you get used to it and see that your neighbor got next years' model. It will wear off, then she'll try the next thing, and the next thing.
I've heard it likened unto someone running on a treadmill. They watch TV, listen to an Ipod, or look out the window to distract themselves from the fact that they're really going nowhere. Until she 'wakes up' and takes a good look around, she won't realize that all her efforts are just a distraction and what she really needs to do is step off the treadmill. You and I can see it because we're watching her. Make sure you're not on the treadmill beside her trying to figure her out. Step off and use your efforts to get you somewhere.