How Much Would Buying Greenland Cost?
Published On Jan 11, 2025, 5:32 AM
Donald Trump has expressed a serious interest in purchasing Greenland, despite Denmark's refusal to sell. A real estate developer estimates Greenland's value could range from $12.5 billion to $77 billion, comparing it to previous U.S. purchases such as the Virgin Islands and Alaska. The proposed valuation considers the national defense aspect and the economic growth of both Denmark and the U.S. over time, but highlights that comparisons may not be straightforward due to varying contexts.
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The potential for a U.S. purchase or investment in Greenland could spark interest in companies involved in real estate, defense, and perhaps energy due to its natural resources. If negotiations advance, related sectors might see increased investment opportunities.
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