OK does anyone care to speculate on is this the one where we are not getting up?

2009 crash saw a terminal shiller PE of around 13. The 80's resession had a terminal PE of 8. That would mean S&P 500?
or is this going to be a mini crash before the big one, say shiller pe back to 14 (820) and the reflation again. I assume because this crash is about the sovereigns we will probe below 14.