AVZ and global deleveraging., page-93

Not saying you are necessarily wrong, but this same reasoning has been used during every single financial downturn in history. You'll find people saying "This time its different" every single time. I'm guilty of being an optimist which has served me well. Those unfortunate enough to be naturally pessimistic miss out on profit. Perhaps they are guilty of being too logical haha.
Anyways lets see how this all unfolds. "Looks like its unwinding". Care to elaborate?
Thanks