I think Trump really does want to buy Greenland from Denmark and ride the high tide to the other side of that world, monetary, storm on the horizon.
You've heard of negative interest rates, (charged) depositors, by banks, for holding their money, in several nations. But negative (minus) 0.05 % on mortgage loans to home buyers? That's paying the borrower instead of the borrower paying the Bank to borrow their money.
Socialist Denmark, who is in deep economic trouble and can't subsidize Greenland anymore, has just instituted a brand new mortgage loan deal for home buyers, with a (negative) minus 0.5% interest rate. Now what on earth could that be about? How could the lender banks ever survive such outrageous nonsense, losing money on every mortgage loan made? let me give you my opinion on such a ridiculous sounding arrangement. How can those Danes who have most of the money in Denmark, highly educated, above average in intelligence and quite sane, make such mortgage loans? What do they stand to gain … and not lose all their assets and go broke? The only way I can see they will come out better, in the end, is …. Located, as big banks are, on the pinnacle point of the global, financial world, at the intersection of the future of world finance, inflation, unpayable debt, loss of confidence in fiat money (currency with no backing) and the runaway train wreck ahead, is to do exactly what they are doing. We will probably soon see the same thing here in the U.S. My answer is, they prefer to hold people's homes or business's equity and title, which will rise as money's buying power continues to drop, than to keep their no account money which they can print with abandon anyway. In effect they will own people's homes and businesses when everything goes south in the financial world, and home owners can't pay their monthly payments. They may not foreclose on all those homes, and businesses, but they will have the upper hand, and can set all the terms on a new deal in a "world currency". So, while Denmark is bankrupting, its money useless, and our own debt can never be repaid anyway, I'm in favor of buying Greenland with a boatload of freshly printed or quickly created digital U.S. dollars. Greenland is loaded with all kinds of minable minerals, metals, gold, silver, rare earths, not to mention abundance of sea fish, and its a strategic international air and sea intersection with hardly any people in it. Now that's a Real Green Land New Deal and Trump sees it. With a new global currency, just around the corner, what Greenland would cost right now, in trillions of weak greenbacks, doesn't really matter. Greenland is bigger than Alaska and three times larger than Texas, but only has about 56,000 people living there. That's 10,000 fewer than live in my town of Mansfield, Tx. which you never heard of. We could give each of the 11,000 families, in Greenland, US citizenship, medical care, social security, a good paying job, a great hospital or two, several schools, and pay off Denmark's debts for a small fraction of our GDP, gross domestic product. That is $trillions less than what illegal aliens are costing us now, and we would be buying a new place for them to live out the American Dream.
I'm only half serious, but I'm not yet half witted. God's not making any more land or mineral resources and nations are printing money 24/7. Land's value is going up and the value of money is going down. And remember, it is Socialism which is destroying Denmark. RB
Socialist Denmark, who is in deep economic trouble and can't subsidize Greenland anymore, has just instituted a brand new mortgage loan deal for home buyers, with a (negative) minus 0.5% interest rate. Now what on earth could that be about? How could the lender banks ever survive such outrageous nonsense, losing money on every mortgage loan made? let me give you my opinion on such a ridiculous sounding arrangement. How can those Danes who have most of the money in Denmark, highly educated, above average in intelligence and quite sane, make such mortgage loans? What do they stand to gain … and not lose all their assets and go broke? The only way I can see they will come out better, in the end, is …. Located, as big banks are, on the pinnacle point of the global, financial world, at the intersection of the future of world finance, inflation, unpayable debt, loss of confidence in fiat money (currency with no backing) and the runaway train wreck ahead, is to do exactly what they are doing. We will probably soon see the same thing here in the U.S. My answer is, they prefer to hold people's homes or business's equity and title, which will rise as money's buying power continues to drop, than to keep their no account money which they can print with abandon anyway. In effect they will own people's homes and businesses when everything goes south in the financial world, and home owners can't pay their monthly payments. They may not foreclose on all those homes, and businesses, but they will have the upper hand, and can set all the terms on a new deal in a "world currency". So, while Denmark is bankrupting, its money useless, and our own debt can never be repaid anyway, I'm in favor of buying Greenland with a boatload of freshly printed or quickly created digital U.S. dollars. Greenland is loaded with all kinds of minable minerals, metals, gold, silver, rare earths, not to mention abundance of sea fish, and its a strategic international air and sea intersection with hardly any people in it. Now that's a Real Green Land New Deal and Trump sees it. With a new global currency, just around the corner, what Greenland would cost right now, in trillions of weak greenbacks, doesn't really matter. Greenland is bigger than Alaska and three times larger than Texas, but only has about 56,000 people living there. That's 10,000 fewer than live in my town of Mansfield, Tx. which you never heard of. We could give each of the 11,000 families, in Greenland, US citizenship, medical care, social security, a good paying job, a great hospital or two, several schools, and pay off Denmark's debts for a small fraction of our GDP, gross domestic product. That is $trillions less than what illegal aliens are costing us now, and we would be buying a new place for them to live out the American Dream.
I'm only half serious, but I'm not yet half witted. God's not making any more land or mineral resources and nations are printing money 24/7. Land's value is going up and the value of money is going down. And remember, it is Socialism which is destroying Denmark. RB
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