In my opinion, that is a good example of how not to squat unless you want to be injured!
I'm not sure I agree with that sentiment.
However, I do think there's a certain truth that isn't acknowledged readily enough, and that is there is defined limit to the amount of load a human back ought to be carrying, for any exercises/activity, and what that guy has on his back is beyond whatever said load is.
Humans aren't designed to lug 2,3,4 times their weight on their back. Perfect form or not.
Ofc, I don't have to worry about that limit for a lllllllllloooooooooooooonnnnnnnnnnnnggggggggggggggggg a$$'ed time ...