04/21/2020 (Tue) 17:53:37
The problem they have is no one is buying oil, that's why they are paying people to take it away because they can't stop pumping it. That means a serious drop in transactions likely due to corona which is sinking the USD. The only other major side for the dollar is consumer spending but again corona.
This is a pretty major happening. WAY bigger than 2008 recession.