The plan would replace the $600 million in subsidies Denmark gives the island each year
The Donald Trump administration is reportedly considering giving about $10,000 to each Greenland resident as part of its plan to annex the island.
The possibility would seek to replace the $600 million Denmark gives the territory in subsidies every year, and has stopped being mere rhetoric to become official U.S. policy, according to The New York Times.
The outlet detailed that the plan already includes several cabinet departments and that the White House’s National Security Council has met several times to advance on it, recently sending specific instructions to different offices.
A quick google tells me Greenland has a population of ~57,000. At $10k per resident, that’s $570 million.
On money alone, his offer is less than what they already receive, and unless he’s pitching for some sort of UBI it’ll be a one-time payment instead of annual. Is this the art of the deal they keep talking about?
On top of this, Denmark had been doing this every year. The only thing you can count on Trump doing every year is to change his mind and ask you if you’ve said thank you for it.
Also, Denmark subsides are probably in Euros. So it’s already 5% higher just on Trump’s first 3 months.
10k to get lost, it’s unspoken but the money is to leave the country because that is then owned by Trump.
This is a typical Trump deal, Trump gets what he wants and the other side gets ripped off. There never will be equal footing between trading partners in a Trump deal.
It’s going to cost more than that just to hire movers that will transport outside the country. It doesn’t even come close to what it would cost to set up a new life somewhere else.