Greenland for sale - the back story

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The media is ignoring the backstory behind President Trump's interest in acquiring Greenland, currently a colonial outpost of Denmark. From the South China Morning Post:

Was China’s Arctic push behind Donald Trump’s wish to ‘buy’ Greenland?
US President Donald Trump’s reported wish to buy Greenland may have been rejected by Denmark, but it underscores the rapidly rising value of the massive, ice-covered island due to global warming and to China’s drive for an Arctic presence.

The accelerating polar ice melt has left sparsely populated Greenland, a self-governing part of Denmark, astride what are potentially major shipping routes and in the crosshairs of intensifying geopolitical competition between superpowers.
It also has untapped natural resources like oil, minerals and valuable rare earth elements that China, the United States and other major tech economies covet.

A Chinese government-backed group’s offer last year to build three new international airports on Greenland sparked alarms in Copenhagen and Washington.

The Chinese plan was finally nixed in exchange for Danish funding and a pledge of support from the Pentagon.

From The Washington Times:

Buying Greenland: Trump haters mock the idea, but China is paying attention
The moment The Wall Street Journal article appeared revealing President Trump was mulling over the idea of the United States buying Greenland, the autonomous Danish territory in the Atlantic, ankle-biters began to mock the idea.

But this usual panic from the jealous chattering class once again reveals the Democrats and envious Trump haters’ biggest unforced error — constantly underestimating Donald Trump. This requires deliberately maintaining a remarkable ignorance about the economic and national security issues we face as a nation.

One of those issues is the vital importance of Greenland, its horrible mismanagement as the Danish elite virtue signal about their environmentalism, condemning its 55,000 residents to poverty-stricken lives, and the national security risks economic dereliction invite. The incompetence ruining Greenland, in fact, compelled Greenlandic officials to reach out to China as they searched for a Sugar Daddy to fund infrastructure projects.

From Forbes:

Trump Might Want to Buy Greenland But His Nemesis, China, Is There Before Him
The U.S. President, Donald Trump, has reportedly suggested the purchase of Greenland from the Danish Government, but if that's correct he'll find that China has staked out a claim already, and in a commodity the U.S. needs, rare earths.

China's interest in Greenland can be found through an Australian company of the same name, Greenland Minerals, which has Shenghe Resources Holdings as its largest shareholder with a 11% stake.

Shenghe is a leading producer of rare earths in China and has acquired its stake in Greenland Minerals as a future potential source of the elements which find their way into multiple technologies, especially electric motors, as well as certain military applications such as rocket guidance systems.

The Australian company invited Shenghe to invest after it struggled to generate significant support in its home base or in Europe or North America, partly because the original plan for Greenland Mineral's Kvanefjeld project was as a source of uranium.

It's about the trade routes and the rare earth minerals and we are facing some serious competition from the communists. It would be nice for once if the mainstream media just did their jobs and report the facts.

Also, arctic ice is more based on wind and currents than overall temperature. Here are some links: here, here, here and here. I could post a lot more of these. Cases where ships are finding excessive ice now and the historical records from the 1900's show ice-free conditions. Photos. Videos. Even as late as 1958 a US submarine surfaced at the North Pole - it was ice free.

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This page contains a single entry by DaveH published on August 24, 2019 9:22 PM.

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