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.
Ten thousand US dollar as personal money for leaving democracy and entering a dictatorship (or at least an autocracy)? Err…
They already get $10k from Denmark every year, so they’d get nothing in comparison.
Art of the deal 🥴
Explain to me more about this $10k from denmark. Does denmark have some amount of UBI?
They run a large budget deficit each year which Denmark subsidises out of historical obligation, since they subjugated Greenland. Fair enough I say.
Greenland is largely independent on internal policies and have their own laws, but still technically part of Denmark.
This is my laymen’s explanation.
I think that’s pretty accurate
My understanding is that these are government to government subsidies, not government to people subsidies. That’s quite different from what the usa is offering
I’m in the US, where’s my $10,000?
This promotion is for new customers only.
Whoops! You misspelled serfs!
This would be funny if it wasn’t so depressing.
For giving up public healthcare for one
WTF!!
What a moronic proposal, as it is, Denmark is helping them with much more than that each year.
Greenland only has 56.669 inhabitants, giving everyone including children would only amount to 567 million!!
In direct Regional financial support alone Denmark is sending about 600 million USD per year.
And that’s apart from paying for instance police and military support.
And Greenland is tax exempt too!!What a demeaning cheapskate offer.
I believe Greenland should have the right to decide for themselves.
But as a Dane, I find that offer insulting!You don’t even need to be Danish to find that offer insulting.
I read someplace that theres about 17 trillion in minerals and oil in greenland. ~57000 population of greenland, so paying for just the mineral wealth not the land and other resources, he’d owe each inhabitant about 298 million. each. So he’s paying them 1 /30,000th of what he should be offering.
Whatever the actual net value is, it’s not that. There isn’t just a 17 trillion pile of minerals sitting somewhere on the surface.
Yeah Greenland is actually in a tough spot. It has a lot of economic potential, but it can’t unlock it without completely upending its own society. There are only 56,000 Greenlanders. If they wanted to expand mining enough to be economically self sufficient, they would need to bring in so many people that the existing population would become a minority. They would have to become an Arctic Dubai.
This is also why they don’t want to be annexed by the US. (Even if the US still had sane leadership.) Once you’re part of the US, any American that wishes can move there. Any American company can set up shop there. The existing society would be completely overrun.
And it would be an ecological disaster.
Not that the Trump administration nor mining corporations care about that, but it would suck for the Greenlanders and our planet.
Why so much? 10 cent would be enough. That of course, is if you want to insult them.
Is that what 30 pieces of silver is worth in this market?
A roman story?
10k is a car repair bill.
The plan would replace the $600 million in subsidies Denmark gives the island each year
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.
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.
That’s assuming that they pay out.
The right-wing tactic of dismantling a program or getting a discount by offering lump sum cash up front, instead of better value in programs and services.
They prey on desperate, uneducated people who see the money in front of them.
Desperate is the right word, and I think they’re intending to make people more desperate in order to exert control.
I’m not saying a $10k gift would be life-changing, but it would pay off a significant amount of my debt, freeing up a lot of my monthly cash flow.
I have very little debt and no savings, but a 10k gift would only pay for like 2-3 months of living. That’s not enough for me to sell out my fellow countrypeople and give up my most basic rights.
Hell even a million wouldn’t be enough for me to agree to be American at this point.
Ok so as a nation Denmark accepts the offer and let’s assume everyone gets their $10k, pays off some debts, buys some luxuries, has a holiday, banks a decent amount. What about the negatives? For example now healthcares no longer free. Seems like it would cost more than you’d gain.
Oh definitely. I think they’re being offered a horrible deal. But I can see how some might be inclined to take the shitty deal if their current financial situation is in fact one of desperation. I hope their citizens are in better shape than Americans.
It’s like Brexit…didn’t matter how much time people spent pointing out the negatives, there’s still people that bought into it, for numerous reasons.
Not gonna lie, this is kinda how I’m watching the subsidies on chinese EV.
Now, would I want to pay taxes to export European cars to the rest of the world? Hell no.
So I’m quite confused
Also, Denmark subsides are probably in Euros. So it’s already 5% higher just on Trump’s first 3 months.
Denmark actually isn’t part of the eurozone and uses its own currency, Danish krone
Interestingly, the value of the Danish krone is pegged to the value of the euro, meaning the job of the national bank is to ensure a more or less constant exchange rate of 1€ = 7.45DKK.
So when the euro performs well, the krone performs well.
10k to live in a dictatorship, or wait 6 months and stay in a sane country? He’s stupider every day.
It’s a get lost payment, not a welcome to the USA bonus …
Lol, literally fucking stealing from tax payer after crashing the economy so that he can pay off a foreign country to join the scam
So if that’s valid, could some states get bought by other countries? Hell, I bet many residents in some states would pay to have it be part of a different country.
I need some brave Canadian MP to make this kind of offer on Vermont or Michigan.
First… we take Manhattan…
As a Californian, I hope we accept Denmark’s offer.
I’d hold out for Norway or Finland; have you SEEN the Danish language?! ducks
lol … as if … he’s the kind of scam artist that would tell everyone that would agree to this deal that the money is in the mail and will appear at their house in a month … then the next month, then next year … then once they take over the country, no one is getting any money
Anyone that believes a word coming from this orange bean bag salesman deserves to be ripped off
What use is $10,000 if it destroys their economy?
When Greenlanders don’t want to vote on it? Also if there was a vote does a simple majority count. Maybe 2/3. Or 90%? Or 100%? Does the US constitution allow for separatism despite Texas?
Even $5 million would probably be cheaper than what it would cost to take it by force.
I’m sure the French nuclear sub siting off the coast of Canada won’t have anything to say about the USA invading a NATO ally.
We don’t have any boomer off the Canadian coast, please look away and have some of this nice bread.
Would that even pay for the first year of medical insurance that you will need?
The insurance? Sure, it would easily cover that.
The cost of medical care, even with insurance? Not even close.
My employer paid 26k last year, for their portion of my insurance.
I paid 235/month for it.
No lol not even close the way they charge for private insurance
No, and you would still have out of pocket costs.
