Replies to post #1579 on iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[risk on]

Coincidently , that is apx the time Vaufrokis announced after the EG meet that " Greece has two weeks", and in fact had To raid their emergency IMF escrow acct to pay the IMF €750mm intetst payment . I repeat, they had to take IMF acct $ to pay the IMF , sound healthy ?! This is headed to an end. The end will not be good . Should the EZ and ECB allow debt reduction , or any deal that does gives in on the pensions , the euro will plunge along with EZ credibility. Should they do as they claim , and stick to their guns, Greece could either spiral into pandemonium , or right into the loving arms of Putin. Take your pick.