President Trump Considering Buying Greenland for the USA

President Trump Considering Buying Greenland for the USA

President Trump is interested in buying the world’s biggest island for the United States, the ice-covered Danish territory of Greenland.

According to the WS-J, the former real estate mogul has brought up the idea to advisers, with “varying degrees of seriousness,” at meetings, dinners, and in passing conversations, asking them if the US can acquire Greenland.

He has even asked his White House counsel to check it out.

The fascination has gotten mixed reviews: Some advisers think it is a good economic play, others dismiss it as a fascination that will fade.

Plus, no one is quite sure if one can even buy Greenland.

With a population of about 56,000, it is a self-ruling part of the Kingdom of Denmark, with Copenhagan deciding most domestic matters, foreign and security policy.

President Trump is not the 1st US official to ponder and present the idea.

Following World War II, President Harry Truman developed a geopolitical interest in Greenland and in Y 1946 offered to buy Greenland from Denmark for $100-M, Denmark refused to sell.

The State Department also launched an inquiry into buying Greenland and Iceland in Y 1867.

It is said that the running joke in Greenland is that President Trump is traveling to Denmark early next month with the sole intention of buying their island.

You can never own land here,” a realtor cautioned, since all land is owned by the government. “In Greenland, you get a right to use the land where you want to build a house, but you can’t buy.”

Of course, buying Greenland is a different issue altogether,” he said. “I’m not sure about that.”

And of course the Kingdom of Denmark could/might/can sell their island. How much is another story.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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