Source: The Daily Economy
by Peter C Earle
“Supporters of the acquisition often cite estimates suggesting Greenland holds between roughly $2 trillion and $4 trillion in natural resources, including rare earth elements, hydrocarbons, and other critical minerals. At the same time, media reports and policy commentary have floated a hypothetical purchase price in the range of approximately $500 billion to $800 billion. Taken together, these two claims reveal a glaring contradiction. Natural resources are not cash balances. They represent long-dated option value: future streams of potential revenue that may or may not be realized depending on extraction costs, infrastructure investment, environmental constraints, political consent, and commodity prices. … Even setting aside valuation, the Greenland proposal fails a more basic test: symmetry. If historical ties, strategic relevance, and latent economic value were sufficient grounds for territorial acquisition, then several European powers could assert claims to US territory with equal legitimacy.” (01/20/26)
https://thedailyeconomy.org/article/the-price-of-greenland-and-the-cost-of-attacking-sovereignty/