Trump has floated some bold ideas, but suggesting the U.S. buy Greenland might take the cake. Why Greenland? Resources, strategy, and competition. Let’s break it down.

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Greenland, the world’s largest island, is rich in oil, natural gas, and rare earth minerals—resources often sourced from global rivals like China and Russia. Beyond that, the Arctic holds 13% of undiscovered oil and 30% of untapped natural gas.

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Strategically, Greenland’s position in the North Atlantic makes it critical. It hosts the U.S.-operated Thule Air Base, key for missile defense and Arctic operations. Melting ice is opening up shipping lanes, turning Greenland into a potential global trade hotspot.

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Historically, U.S. land purchases have paid off. In 1867, the U.S. bought Alaska from Russia for $7.2 million—equivalent to $153 million in today's dollars. Alaska now generates $3 billion annually in oil revenue.

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But Denmark and Greenland rejected Trump’s idea outright. Greenland, an autonomous territory, relies on Danish subsidies, which make up nearly half its budget. Denmark is busy putting a stop to this already.

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