FED's policies seem vulnerable to me. We are pushing our government spending on a week-to-week basis! States are struggling. Portugal. Ireland, Greece, Spain... UK. Middle East governments overthrown. Tsunami, shut down plants, and then there is the Nuclear meltdown near the Pacific.
However, printing fresh dollars seems to fix the big banks and they are supposed to trickle down the wealth. Hopefully we are witnessing the last attempt at this failed policy because it's really disgusting actually
If only VXX was not such a corrupted instrument, I would recommend to buy. I bought some anyway.