The folks at the City of London’s The Economist are nothing if not grubby. They are all-in for the United States taking Greenland as its own, but they suggest a better way to do it. Seizing Greenland by force, you see, would be messy, and could lose the US friends. Buying Greenland, however, could be “the deal of the century,” The Economist’s editors proposed on Jan. 8.
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Look at Greenland’s immense resource wealth: its known reserves include 43 of 50 critical minerals, and it contains “probably the largest deposits of rare earths outside China.” It has oil wells off its coast that could yield some 3% of the world’s proven reserves.
