Yes he does, and I am an eternal pessimist. I'm hoping he's spot on accurate. 

There will be paid after this really. That's what it does. However, I do believe the realization and transition from the ponzi system will seem slow to those of us who cannot wait.  In relation to economic time, it will be warp speed. Current and future tech demands it.

Also, Sylvain does admit,
>Of course, it's too early to say that with certainty,

 

TNStacker

He's a smart guy and I like to read him, but I think Sylvain is getting a little too far out over his skiis.

I hope I'm wrong, but this rally could just be a short lived short squeeze. I don't think we can read anything more into it than that right now. The average person's faith in the banking system is strong. It's all they know. It's a good first step, but I think we still have a lot of orange pilling ahead of us. 