Pronouns do not have an independent existence. Until the pronoun 'This' resolves to an actual statement which has a valid true/false property, it is a recurrence without termination i.e. a infinite loop, that has no meaning.
Suppose I say: 1. Sky is blue. 2. Previous statement is True. 3. Previous statement is True.
And ask you 'Is Statement 3 is True or False?'. You would say 'First I need to know what 'previous' refers to', so you would do pronoun substitution for the word 'Previous' in Statement 3:
3. 'Previous statement is True' is True.
Since this statement has an unresolved pronoun, you would do pronoun substitution for the word 'Previous' in Statement 2:
3. ''Sky is blue' statement is True' is True.
Since there are no more unresolved pronouns, you would evaluate the statement 'Sky is blue', and then the next Statement 2, and finally Statement 3, and say 'Yes, Statement 3 is True'. So far, so good ?
Now, suppose I say:
1. This statement is False.
And ask you 'Is Statement 1 True or False?'. You would say 'First I need to know what 'This' refers to', so you would do pronoun substitution for the word 'This' in Statement 1:
1. 'This statement is False' statement is False.
Since this statement has an unresolved pronoun ('This'), you would do pronoun substitution again.
- ''This statement is False' statement is False' statement is False.
Since this statement has an unresolved pronoun ('This'), you would do pronoun substitution once more.
- '''This statement is False' statement is False' statement is False' statement is False'
And you will keep doing pronoun substitutions forever since statements with unresolved pronouns cannot have a True/False property.
I find this teenage-girl-at-a-rock-concert-feigned-fascination with self-referential 'paradoxes' silly.