The debt is essence of the world.
Now why Im bullish over UK gbp i know that economy and people life going down in UK but GBP will be stronger because people in UK will have higher rates of loans+ more goverment rules and restrictions more survailance and money laundering rules.
In otherwords when life gets harder the currency value will go up i buy UK fiat currency because isee UK goverment force harder life over UK so smart money also buying £ now because rachel reeves done good work to make fiat currency value to go higher.
The fiat currencies are like the coupons....you buy them when people life good low taxes and so they falling on value then when communism very strict with high taxes goverment comes in you see how life gets harder and your coupons value increasing.
I Also buy canada currency because i love that canada have also hard life and everybody paying higher rates on loans.
However i don't see USA doing good things for usd value so that's why i don't buy dollars.
About Europe Im not sure not all Nations follow to UK where rachel reeves doing fantastic Job to make GBP to go bull run bullish.
If UK goverment wouldnt make it so hard then fiat value will remain low.
I don't invest in stocks i only invest in fiat currencies and now i love that people suffering so it's good for FIAT CURRENCIES VALUE