Greenland Crisis

https://en.wikipedia.org/wiki/Greenland_crisis

by belter • 6 months ago

129 33 6 months ago

en.wikipedia.org

kelseyfrog• 6 months ago

It would be the largest welfare state in the union.

Welfare perhaps. State, almost certainly not. If this did come to pass, I wonder if the inhabitants would be US citizens or non-citizen nationals, like the population of American Samoa.

nozzlegear2• 6 months ago

Not sure about the US citizens versus non-citizen nationals (I had always thought American Samoans were citizens), but you're spot on that it would certainly not be a state. The people living in Greenland would almost certainly lean blue, and the republicans would never allow the Dems to gain more de facto seats in the house and senate.

gherkinnn• 6 months ago

I don't think any of the Trump crowd thought as far as these legal ramifications. Send in the Little Green Men, annex, and figure things out as they happen.

mrkeen2• 6 months ago

The US Geological Survey estimates that onshore northeast Greenland (including ice-covered areas) contains around 31 billion barrels of oil-equivalent in hydrocarbons

https://theconversation.com/greenland-is-rich-in-natural-res...

adventured3• 6 months ago

The US doesn't need oil, it's the world's largest producer and has enormous estimated recoverable oil reserves comparable to Venezuela or Russia.

Greenland is either about Trump intentionally causing chaos with NATO for the benefit of Russia (depending on your politics), or it's the Pentagon & Co. looking to lock down strategic territory for the near future superpower stand-off with China, which will be a global conflict (and may involve China and Russia on one side). Controlling Greenland and Alaska would provide the US with enormous Arctic Ocean positioning. Now what does that have to do with China you may ask? Trade, transit and military asset positioning. The US is looking to secure what it regards as its hemisphere, while China is about to massively push outward globally with a projection navy. The US has less than ~20 years to lock down its hemisphere (again, what the US believes to be its hemisphere) before China starts showing up with its navy everywhere. There will be constant navy-navy challenges everywhere. China will constantly probe the US points of control, for all the obvious reasons. The US will want to keep China as far away as possible.

UncleMeat• 6 months ago

If oil is so fucking important that it justifies this idiocy, why is the US a net exporter of oil?

michaelhoney• 6 months ago

soon he will be dead and the slow, painful, halting recovery will begin

kevmauer• 6 months ago

His mother lived to 88

bravetraveler• 6 months ago

Did she eat as much McDonald's? Anyway, the cat is out of the bag. Problem goes far beyond the man.

cthe• 6 months ago

People already thought once that Trumpism would disappear some years ago. They were wrong.

dsfdsfsdfdsf• 6 months ago

There are 30 million Americans who cheer on bombing Nuuk and killing Danish citizens... I think this is over! If you have any hopes of reestablishing any kind of relationship, you are delusional..

tim3332• 6 months ago

It's strange how Trump wants to be pally with Russia but attack America's closest allies like Canada and Denmark.

oliwarner2• 6 months ago

The generous explanation is that Russia could be a cheap mineral supplier. That a destabilised West strengthens the offerings of US to its neighbours. That domestic xenophobia forces domestic hiring, manufacturing, job creation.

But historically, he apes Putin's strongman routine. He wants to be him. Bibi too. Too powerful to be prosecuted.

He's got a few years left, doesn't give a shit, and knows he can strip mine the US for his family before he goes.

tim3332• 6 months ago

Thinking about it he's probably guilty of a few offences along the sex offence, corruption and money laundering lines so he's probably biased to folk that help him out and don't worry about that like Russia, and against those who police such things.

tharmas• 6 months ago

That's what a bully does: beat up on EASY targets.

SaaSasaurus• 6 months ago

Today I had some fun digging into the Greenland tech startup ecosystem, or lack thereof https://www.siliconsnark.com/the-first-ever-deep-dive-into-g...

amai• 6 months ago

Denmark could rent Greenland to the US, e.g. for 10 billion dollars a year. Wouldn‘t that be a great deal for our dealmaker?

oliwarner2• 6 months ago

They could but they'd say that's not what the people of Greenland want. They don't want to be an owned territory when they're used to their autonomy. They don't want their land exploited for minerals and oil by the highest bidder. They don't want to be made a military target between the US and Russia.

I'm not saying there isn't a deal to be made but it's got to be with the people of Greenland.

bazoom42• 6 months ago

No, Denmark cannot do that. Denmark does not own Greenland.

Greenland has a parliament and manages its own domestic affairs. Denmark manages some domains like foreign and defense policy, but Greenland governs its own territory.

ndsipa_pomu2• 6 months ago

I kind of hope that part of Europe's response it to start selling off its large amount of U.S. bonds.

Europe owns Greenland, it also owns a lot of Treasuries. We spent most of last year arguing that for all its military and economic strength, the US has one key weakness: it relies on others to pay its bills via large external deficits. Europe, on the other hand, is America’s largest lender: European countries own $8 trillion of US bonds and equities, almost twice as much as the rest of the world combined.
In an environment where the geoeconomic stability of the western alliance is being disrupted existentially, it is not clear why Europeans would be as willing to play this part. Danish pension funds were one of the first to repatriate money and reduce their dollar exposure this time last year. With USD exposure still very elevated across Europe, developments over the last few days have potential to further encourage dollar rebalancing.
. . . From our perspective the key thing to watch over the next few days will be whether the EU decides to activate its anti-coercion instrument by putting measures that impact capital markets on the table.
With the US net international investment position at record negative extremes, the mutual inter-dependence of European-US financial markets has never been higher. It is a weaponization of capital rather than trade flows that would by far be the most disruptive to markets.

https://www.ft.com/content/beeaf869-ca12-4178-95a1-bfb69ee27...

weirdmantis69• 6 months ago

What do you think selling US bonds will do? Because selling US bonds is good for the US actually.

roryirvine• 6 months ago

"I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or as a .400 baseball hitter. But now I'd want to come back as the bond market. You can intimidate everybody."

Sure, maybe Trump's peculiar mix of ego and ignorance might mean he's one of the few exceptions to that rule - but if he were to actually try claiming that a bond rout is somehow good news in the middle of a market panic, the reaction from distressed would be investors would be hard even for him to ignore.

ndsipa_pomu2• 6 months ago

Drive up inflation

Greenland Crisis

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