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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador8/18/2019 9:06:25 AM
   of 13801
 
Better sell. Else, the US takes Greenland over.

Chinese investments in Greenland raise US concerns

Strictly business?

Hans Lucht
Building an airport, or building a military presence?
The new airport project in Greenland has led to tensions between Denmark and the Greenland Self-Government after the Greenlandic airport authorities, having long encouraged Chinese investments, prequalified a proposal from China’s CCCC and five other companies. Because of the scale of the project and the debts incurred, Danish PM Rasmussen has raised concerns over it. The project falls into the grey zone between Greenland’s self-determination in relation to issues of development and infrastructure and Denmark’s jurisdiction with regard to foreign policy and security issues.

https://www.diis.dk/en/research/chinese-investments-in-greenland-raise-us-concerns

The fall of Denmark in April 1940 left the Danish colony of Greenland an unoccupied territory of an occupied nation, under threat of seizure by the United Kingdom or Canada. To forestall this, the United States acted to guarantee Greenland's position. However, with the entrance of the United States into the war in December 1941, Greenland became a combatant.

From 1941 until 1945, the United States established numerous and extensive facilities for air and sea traffic in Greenland, as well as radio beacons, radio stations, weather stations, ports, depots, artillery posts, and search-and-rescue stations. The United States Coast Guard also provided a considerable portion of the civilian resupply task up and down both coasts.

Economically, Greenland traded successfully with the United States, Canada, and Portugal, which, supplemented by the cryolite exports, caused a reanimation and permanent realignment of the island's economy.

Source: Wikipedia
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