Greenland's Price Tag: Billions to Trillions if US Buys, Experts Say
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Moneycontrol•15-01-2026, 14:04
Greenland's Price Tag: Billions to Trillions if US Buys, Experts Say
- •Estimates for buying Greenland range from tens of billions to US$700 billion, and even up to a trillion dollars, depending on what is being valued (land, resources, strategic location).
- •The idea is not a simple real estate deal; it involves acquiring a small country's future and its ongoing costs.
- •Greenland's economy is small, heavily reliant on an annual grant from Denmark exceeding US$1 billion, which any buyer would need to address.
- •Developing Greenland's resource potential (oil, minerals) would require long-term investments of 'billions upon billions' for infrastructure and operations.
- •US interest in Greenland is historical; President Harry Truman offered US$100 million in gold in 1946, which Denmark declined.
Why It Matters: Buying Greenland would be a multi-billion to trillion-dollar political purchase with significant long-term costs.
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