He did qualify some of his remarks with things like -- If I didn't believe in God, I'd say the Church is finished."
In terms of characterizing the damage (he expected to be) done by the Council, I think it's written from the human perspective. He's there and sees this "stupid" (his words) Liberal theologians running around writing Council docuмents, so it's very tempting for him to see the docuмents there as the garbage that they were. He would need to take a step back and consider it from a supernatural perspective and what that means.
In the end, however, he did succuмb to a more theological perspective. He himself wrote a long article about infallible safety, where he stated that it's not possible for some teaching presented as normative for the entire Church to be radically defective or harmful to souls. As a result, he ended up constrained to believe this, forcing him despite his observations made from a natural perspective to apply a hermeneutic of continuity to the end result of V2:
I have just about made up my mind to start a new book. I shall write on the notion of the Church. Nothing like this has appeared since the Council. Within the book I hope to have quite a bit to say about the Council. I must be very careful. If a sincere Catholic writes a book it’s either ignored or brutally attacked. I must make no mistakes. My main thesis will have to be that the Catholic theology on the Church has been improved but in no way changed by the Council. I must start with the basic notion of the Church, which is that of a people ‘transferred’ from the kingdom of darkness into the realm of light. The Council left out the background of the Church. It minimized or glossed over the fact that the Church faces opposition, not just from hostile individuals, but from the ‘world.’ (Nov. 23, 1968)