There's a lot of marketspeak in here but the concepts put forth are:
1) Unlike a natural system, stock market "weather" can be caused intentionally
2) Because it's been impossible to make money in traditional trading, firms that must make money (pension funds, for example) are making money with short strategies on synthetic indices (whenever anyone talks about "shorting the Vix" they're talking about betting against a synthetic fund designed to track the most common volatility index)
3) The behavior of that index has become decoupled from what it references as a result
4) complications ensue
I thought it was worth waking this thread up to add a chart of XIV making beautiful returns until it didn't.