US threatens to annex Greenland - 2025/2026

[Snoopster]

The Netherlands is joining other countries with the decision to deploy military troops to Greenland upon request in order to confront any attempt by the United States to use military force to steal Greenland and natural resource wealth.

Is anyone else wondering why the United States cannot afford to buy the resources?

"The House of Representatives supports a possible additional Dutch military contribution to the NATO presence in Greenland. A narrow majority of the [political] parties support an SGP proposal that calls on the caretaker government to actively work with other European countries within NATO to strengthen its presence in the region.
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Trump has also repeatedly stated that he is interested in Greenland's rich mineral reserves.
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The US is threatening to buy or invade the country, part of the Kingdom of Denmark, if necessary.
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Defense Minister Brekelmans said late last week that the Netherlands is prepared to contribute militarily to Greenland if requested to do so by NATO countries"

Kamer steunt mogelijke extra militaire aanwezigheid Groenland

Een meerderheid in de Kamer geeft het kabinet groen licht om defensie een inzet op Groenland te laten onderzoeken.

nos.nl

" ... the US federal deficit is projected at $US1.7 trillion ($2.5 trillion) this year. That shortfall needs to be financed by debt, which now stands at an eye-watering $US38 trillion."

Markets shudder as White House goes to war with everyone

In the past week, the US has dramatically expanded and accelerated its attacks both inside and outside its borders. Here's where Australia stands in the fray.

www.abc.net.au

In my personal opinion, from the viewpoint of someone who worked in the capital markets, I think this is massive debt is one of the reasons that Trump's administration is upset with Jerome Powell (US Central Bank Chairman) and has put him 'under investigation'. Powell has been regularly criticized by Trump. The admin wants Powell to lower interest rates, so that interest costs on the rising debt cost less. Unfortunately, lowering interest rates in that scenario is a recipe for economic disaster and pretty much every respected economist and capital market analyst agrees that political interference with the Fed would cause inflation and interest rates to go up. That is why every large democratic nation emphasizes clear independence of their central banking function from politics.


ETA: made edits for clearer wording.
Nothing would spook the capital markets more than thinking that the central banks were being interfered with.

Major central bankers around the world have issued a statement of support for Jerome Powell and have raised concerns.

Bank of Canada adds voice to central banks backing U.S. Fed amid DOJ probe - National | Globalnews.ca

https://www.wsj.com/economy/central...ference-with-fed-would-push-up-rates-60ccfed6

That's also why it's important for the US to not go on 'adventures' around the world (such as supporting the current Argentinian administration and invading Venezuela). Again, just my opinion as someone who has been actively involved in institutional money markets.

I hope the US leaves Greenland alone and doesn't interfere with their sovereignty. I'm not sure what their objective is in creating even more global disharmony, and I worry of what the fallout might be. We all want everyone to be safe. I think there is more upside for everyone if you work with your friends and allies, rather than working against other democratic nations.

 

[branmuffin]

I'm not so sure about neither country having the desire to do so, but whether or not they would make a blatant bid is another matter.

Would Russia like to station missiles and nukes much closer to major US cities? Very likely if it could be achieved, and if there's one thing Europe has been finding out about Russia in recent years it's just how covert and constant their sabotage against other countries is. The number of undersea data cables damaged in the Baltic Sea is evidence of that. It would be entirely within the mindset of Putin to seek to covertly establish small bases on Greenland for spying and infiltration purposes.

China? China depends on global trade to effectively bleed the West dry and destroy local economic capabilities elsewhere. For trade it is dependent on being able to get its goods to their end markets and currently that involves passage through the Panama and Suez canals or around either the Cape of Good Hope or Cape Horn. The two canals could be closed to their trade, leaving only two much longer (and more expensive) routes, and in the case of Cape Horn one of the most dangerous stretches of ocean on the planet. Opening up and controlling a fifth route via the north pole would therefore be beneficial to them.

In terms of Greenland's mineral wealth: it doesn't need to be mined to be of strategic importance so lonsg as you prevent the other bugger from being able to do so.

China depends on global trade not to bleed the West dry but to supply the West with the cheap goods that we wanted. If the US or Canada wanted to stop the bleeding they'd stop buying their goods. And remember, it isn't China who destroyed local economic capabilities, it's huge corporations in North America who focused on increasing their profits without thought to the drying up of industries in their own countries.

I can use American companies like cotton mills, as an example, and all the products that were produced in the US. Most of those mills were originally in the Northwest in the early 1900s (remember the Triangle Shirtwaist Factory fire?) but moved their mills to southern states to access employees willing to work for lower wages. It was happening in our own countries and we didn't care because we were getting what we wanted. Then manufacturing moved to China and we were still happy because the prices were good.

North America loved the cheap goods until lightbulbs starting going off when our own industries closed shop and collected dust. No one strong-armed Canada and the US to buy cheap goods. If you didn't live in area that had industries shutter forever it never even crossed our minds. I remember buying my linens in the early to mid 90s from a huge outlet called Georgia Mills in Toronto where you could buy towels and sheets and drapes and all sorts of other cotton-based goods, all made in the state of Georgia. Now when I buy sheets they are made in Pakistan and India. I couldn't buy an American made towel if I tried. So is China to blame for that?