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Why Denmark won’t sell off Greenland

Why Denmark won’t sell off Greenland
Saturday 17
10:32 2019

Many took the news as farce, but it’s not the first time a U.S. president has considered buying the ice-covered territory. Secretary of State William H. Seward considered buying both Greenland and Iceland, a project he abandoned after his Alaska purchase deal met with fierce criticism. More recently in 1946, President Harry S. Truman’s administration offered $100 million in gold for Greenland, to fortify it against Soviet expansion. But buying Greenland is a nonstarter, and not simply because the economic costs are unfathomable. Rather, since the 19th century, norms of national identity have transformed territory from a tradable commodity to ...

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Read more from Washington Post : Why Denmark won’t sell off Greenland
Washington Post : Why Denmark won’t sell off Greenland

Summary: Territorial politics isn’t a real estate deal.

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