Remarks: Trump confirms he is considering attempt to buy Greenland; President says bid would be ‘essentially a real estate deal’ Danish semi-autonomous territory has said it is not for sale. Source: theguardian.com
4cminews: Mainstream Media obsessed with Trump Derangement work hard to Mock President Trumps Interest in buying Green land instead of asking the Intelligent Question What Is It Greenland Offers that makes the idea attractive for President Trump and for the US; Mainstream Media in falling victim to the Trump Derangement Syndrome manifested by the 24/7 times 365 Days Obsession of Downing and Character Assassinations and Even Running utterly False Editorials of the 45th President has utterly failed to report the facts and possibilities the US might gain from such a Real Estate Transaction. We found only one editorial which objectively reported the News, yet could not help put a poison pill amongst the article
WHY WOULD TRUMP WANT TO BUY GREENLAND?
2. Why is Greenland interesting for the U.S.?
Besides being bigger than Mexico and Saudi Arabia, Greenland has abundant resources and a strategic location near the warming Arctic.
Located in the northern Atlantic Ocean between Europe and America, the island has long been a nexus of tensions among the U.S., Russia, Canada, Denmark and Norway.
It’s already home to a strategic U.S. air base and radar station. In 1968, a B-52 bomber carrying nuclear weapons crashed near the Thule base in northwestern Greenland, causing radioactive contamination.
More recently, Denmark stopped CHINA from gaining a foothold on its territory by agreeing to co-fund the construction of two new airports.
3. Is the idea totally outlandish?
Until a century ago, these kinds of transactions were not unusual: The U.S. bought the territory of Louisiana from France for $15 million in 1803, and Andrew Johnson is remembered as the president who oversaw the acquisition of Alaska from Russia in 1867.
There’s even a precedent involving Denmark. The government in Copenhagen sold what is; now known as the U.S. Virgin Islands in 1917. There are in fact plenty of other islands for sale, but they tend to be smaller and located in warmer climates.
But as the BBC points out, Joseph Blocher of the Duke University School of Law wrote in 2012 that the “market for sovereign territory seems to have dried up” as it does “not seem to be for sale.”
4. How much would Greenland cost to buy?
Since the 830,000 square-mile (2.1 million square-kilometre) island isn’t currently on the market, there are no valuations available.
However, for a sense of how much it might fetch, it’s worth noting that its gross domestic product totalled just over $2.7 billion in 2017. The island receives an annual subsidy of about $500 million from Denmark.
For perspective, the purchase price of Alaska in 1867, $7.2 million, would translate to just $125 million today — which most would agree would be quite a bargain.
Channel 4 News Headlines: TRUMP CANCELS DENMARK TRIP AS GREENLAND SAYS IT’S NOT FOR SALE
The Danish Prime Minister says she is “annoyed” that Donald Trump has cancelled his state visit to Denmark after he was told that Greenland is not for sale.
Mette Fredriksen said the US is still a close ally, but last week described President Trump’s proposal as “absurd”. Today he said the Prime Minister’s comment was “nasty”. Source: channel4.com
CNN Headlines: DANISH PRIME MINISTER CALLS TRUMP’S INTEREST IN BUYING GREENLAND ‘ABSURD’
The Danish Prime Minister called Donald Trump’s interest in buying Greenland “absurd” the same day the President confirmed he had discussed the possibility of the US purchasing the country — albeit, Trump said, it wasn’t a high priority for America.
“Greenland is not for sale. Greenland is not Danish. Greenland belongs to Greenland,” Danish Prime Minister Mette Frederiksen on Sunday told newspaper Sermitsiaq. “I strongly hope that this is not meant seriously.” Source: edition.cnn.com
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Tags: 4cminewswire, Greenland, Trump, Denmark, Thule Air Base, 4cminews, 4CMiTV, #4CM2019AUG22,
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Original-Source: Channel 4 News
Original-Source-Published: AUG 22, 2019
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Length: (00:06:09:00 minutes)
Size: (72.4 MB)
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