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Hugh Jorgan
Bloomberg Television
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Comments by "Hugh Jorgan" (@HughJorgan1) on "Trump Wants to Buy All of Greenland, No Joke" video.
There's been little talk of the race to claim the Arctic beyond the internationally-recognized limits. Five countries, including Denmark and the US, are working with a UN committee on claims based on continental shelves. As it stands, there's a number of areas that multiple countries are claiming. Including the North Pole. The whole discussion has been quite collaborative...so far. But Russia recently placed a flag on the seabed at the North Pole, supposedly as a symbolic gesture. And Canada and the US disagree over a potentially valuable piece of the Arctic. I like Trump's musing on Greenland. And I guarantee you Russia is irritated.
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It's been talked about a few times. The timing of Trump's musing is most likely related to the current race to claim the Arctic beyond internationally-recognized limits. Five countries, including Denmark and the US, are working with a UN committee on claims based on continental shelves. As it stands, there's a number of areas that multiple countries are claiming. Including the North Pole. The whole discussion has been quite collaborative...so far. But Russia recently placed a flag on the seabed at the North Pole, supposedly as a symbolic gesture. And Canada and the US disagree over a potentially valuable piece of the Arctic. I guarantee you Russia is irritated by Trump talking about buying Greenland.
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Tomandtob ..Who knows. Maybe Denmark is interested. They're a smart country and know Greenland likely isn't going to be free of its ice sheet for perhaps thousands, even millions, of years (climate change hysteria aside). Is it really that valuable? And China is taking an active interest in getting a foothold in the Arctic. There could be a bidding war in the $Trillions.
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Goldfish I ..Well, as Alaska Governor Sarah Palin famously said, we can see Russia from Alaska. They’re a close neighbor up there.
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@SeaJay_Oceans ..I'll bet they regret it everyday. $7.2 million is all they charged. Even in 2019 dollars it's a ridiculously low amount.
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