Thus The Wall Street Journal today. “Greece appears to be nearing a deal with creditors,” explains the newspaper. “Stocks and Greek bonds are soaring as relieved investors pile in. So, why is the euro falling?” Good question, this. Still, I skipped the article. The title and byline say it all, anyhow. Simply put, the stocks and bonds in question have to do mainly with European investors whereas the euro is exposed to global investors. Where Europeans see good news, Americans and Asians see trouble ahead. Indeed, Greece means trouble, and in the pretty long run. How long? The troubled country may take more than a decade to sort out, and even this is an optimistic assessment. To make things worse, Russia forever lurks behind Greece. Economics and geopolitics will be impossible to disentangle in a few short years. On top of everything, the European Union is hardly a global player any longer, with the possible exception of tourism. In short, the euro ought to be falling and falling. If only the American and Asian investors had the brains, that is.