What are Greenland's options for its political future?
Greenland faces several challenging options for its future. It could remain part of Denmark despite popular desire for independence, or pursue independence and lose Danish subsidies, necessitating large-scale mining that would transform Greenlandic society with an influx of foreigners and potential corruption issues. Alternatively, Greenland could move away from Denmark toward the United States through various means, including a potential purchase arrangement. According to The Economist's valuation, Greenland is worth approximately $50 billion, which would allow the US to offer every Greenlander $1 million while providing American administrative, legal, and security systems that could better manage mineral resources and strengthen NATO's Arctic presence against Russian remilitarization.
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Future Paths for Greenland: Independence Options
RealLifeLore·8 months ago