President Trump is interested in owning Greenland for defensive purposes against Russia and China. He also knows the country has rare earth minerals and oil. The county is controlled by Denmark and only has a population of 56,000.
Beck in 1867 Secretary of State Seward bought Alaska from Russia for $7.2 million. (Today’s value would be $132 million.) Cost was 2 cents per acre. Over the first years it was called “Seward’s Follies” – nothing but a frozen wasteland. Now it is called “the steal of a lifetime.”
The purchase price of $700 billion has been bantered around with Denmark. There is 836,330 square-miles or 535,251,200 acres, costing $1,307 per acre. With only 6 million people living in Denmark, the sale price would be enough to give every Dane $116,666.
It would also ensure the North Atlantic Treaty Organization (NATO) would remain solvent. Germany and the U.S. pay 15.8 percent each of the bill to remain in existence. Thirty other countries are suppose to pay 2 percent of their gross domestic product (GDP). Some pay more, some pay less, some pay nothing at all. The U.S wishes each country would pay 5 percent of their GDP.
NATO is a defensive mechanism that if a member is encroached upon, then the other 31 members would come to that one country’s aid.
I’m all for the purchase of Greenland. Who knows in 100-150 years it too could look like “a steal of a lifetime.” Denny Lautner, Jefferson.
