According to WSJ, the American President has asked the White House adviser to conduct a legal examination of this potential project. The newspaper reports that some assistants supported Trump, saying that this could be a good economic move. However, others stated that they would never realize this idea. Online gambling sites in the US have already posted a bet on the USA to buy Greenland by the end of 2020.
President Donald Trump shows his interest to buy the largest island in the world – Greenland. As Trump noted, “at its core, this is just a big real estate deal“.
Washington is ready to pay for Greenland
The United States has repeatedly bought the territory from other countries. Thus, such previous agreements make it clear that Washington is prepared to pay. The US purchased the Virgin Islands from Denmark in 1917 for $ 25 million, equivalent to about $ 500 million today. Americans got Alaska from Russia in 1867 for $ 7.2 million together with the huge Louisiana Territory that ran from the Mississippi River to the Rockies – in 1803 from France for $ 15 million.
“The United States bought Alaska in 1867 for about $ 125 million in today’s money. Greenland would have cost a lot more to buy,” said Ivan Morgan, the financial analyst from the University College London. Morgan said that such a deal would stand in the way of other treaties and legislative processes in Denmark, Greenland and the United States. Thus, the analyst is skeptical about Trump’s idea. In his opinion, the bet on the USA to buy Greenland is a losing battle.
The authorities of Denmark leave a slight chance for betting on the USA to Buy Greenland
Greenland already has the northernmost base of the US military, Thule Air Base, located about 1,000 kilometers to the north of the Arctic Circle. The radar and listening post has a ballistic missile early warning system that can detect incoming intercontinental ballistic missiles. Moreover, the US shows its interest in the island’s natural resources. Oil, gas, and minerals always attract Trump’s attention. Technically, the island’s territory is a part of the Kingdom of Denmark, but it has the right of wide autonomy.
In particular, the Greenland government resolves all internal issues, and Denmark retains control over the defense, foreign and monetary policies. The authorities of Greenland and Denmark said that autonomy is interested in cooperation with the United States. However, for now, they rejected the possibility of selling the island. To make your bet on the USA to buy Greenland visit the 22Bet gambling site. There they offer 5.8 odds for the acquisition of the island. Moreover, read our latest review about 22Bet and find out the upcoming bets.