Sunday 18 August 2019

This Greenland Purchase 'Thing'

So, when you stand back to look at the idea of Trump thinking about buying Greenland, there's two basic things falling into play.

First, Trump often tests the junior people around him....challenging them with projects which lead nowhere.  I think this was a research project like that.  He probably sent five guys off with this idea, and four of them mostly laughed and did nothing....with one guy coming back and laying out the cost and benefits.  That 'winner' will move on....the others will just stay as junior-players.

Second, Trump might have this idea of offering 150-billion dollars.....to which the Chinese would wake up and decide to offer $300-billion.  Trump would then return to the table and offer $450 billion, and the Chinese would finally go and offer 900-billion dollars (to close the deal).

Denmark would have said 'no', period.

But here's the thing.....50,000 folks live on Greenland, and at 900-billion dollars.....I think they would have stood up and told Denmark.....the 'HELL' with you, we will sell it ourselves, and split the loot among the 50,000 residents, and each take a million or two....to walk away. 

Minerals?  Well, here's the jest of this.....you can only get to them.....if climate change continues and Greenland melts off the majority of the ice.  If it doesn't occur, the offer is worthless. 

So I think the offer was mostly a joke, or an enticement to get China to throw money at something. 

Now, the odds that Greece or some economically suffering country might approach Trump and offer to sell something in the range of $150-billion?  It wouldn't surprise me if Kim approached Trump and offered up North Korea.....for $300-billion in cash.  That would be a shocker. 

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