🟠 The United States accelerates the purchase of Greenland
Greenland openly states it can negotiate separately with the US. Denmark confirms it will go to Washington with Greenland next week. Signs indicate that this 57,000-population island has implicitly agreed to the deal from Trump.
The deal Trump wants: the US will pay $600M/year to Denmark for 100 years to acquire Greenland. $60,000,000,000 / 2,166,000,000,000 m² ≈ $0.028/m² -> Cheap as dirt. The US may have to offer a higher price.
Greenland possesses 25 out of 34 strategic resources according to EU standards, including rare earth elements, oil, natural gas, and has a radar position in the Arctic. However, Greenland's economy only has a $3.2B GDP, living on approximately $600M/year in subsidies from Denmark.
Trump announced the possibility of distributing $100,000 per person to lay the groundwork for an independence referendum. Afterwards, Greenland could adopt the COFA model, becoming an independent nation but under US protection, similar to Guam, Micronesia, or Palau in the past.
The EU expressed disapproval but cannot intervene because Denmark has granted Greenland self-determination since 2009. Trump's actions remind me of a line from The Godfather: “I'm going to make him an offer he can't refuse” - "I will give him an offer he can't refuse."
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🟠 The United States accelerates the purchase of Greenland
Greenland openly states it can negotiate separately with the US. Denmark confirms it will go to Washington with Greenland next week. Signs indicate that this 57,000-population island has implicitly agreed to the deal from Trump.
The deal Trump wants: the US will pay $600M/year to Denmark for 100 years to acquire Greenland.
$60,000,000,000 / 2,166,000,000,000 m² ≈ $0.028/m²
-> Cheap as dirt. The US may have to offer a higher price.
Greenland possesses 25 out of 34 strategic resources according to EU standards, including rare earth elements, oil, natural gas, and has a radar position in the Arctic. However, Greenland's economy only has a $3.2B GDP, living on approximately $600M/year in subsidies from Denmark.
Trump announced the possibility of distributing $100,000 per person to lay the groundwork for an independence referendum. Afterwards, Greenland could adopt the COFA model, becoming an independent nation but under US protection, similar to Guam, Micronesia, or Palau in the past.
The EU expressed disapproval but cannot intervene because Denmark has granted Greenland self-determination since 2009.
Trump's actions remind me of a line from The Godfather: “I'm going to make him an offer he can't refuse” - "I will give him an offer he can't refuse."