US President Donald Trump’s abduction of Venezuelan President Nicolas Maduro on January 3 has emboldened him to proceed with the annexation of Greenland, a Danish-owned, self-governed territory, spelling the effective end of NATO and furthering Russia’s war aims in Ukraine, experts tell Al Jazeera.
“The move on Venezuela illustrates the Trump administration’s determination to dominate the Western Hemisphere – of which Greenland geographically is a part,” said Anna Wieslander, Northern Europe director for the Atlantic Council, a think tank.
“If the United States decides to attack another NATO country, then everything would stop – that includes NATO and therefore post-World War II security,” Frederiksen said.
“The pandering to Trump has been an element of our strategy over the last year, leaving observers hoping, but not entirely trusting, that another element of the strategy is preparing urgently for the final rupture with the United States,” Giles said.
Giles told Al Jazeera that Europe’s best option was to place a military deterrent on Greenland now, believing that putting allied troops in the Baltic States and Poland after 2017 deterred a Russian attack there.
What experrs? American experts?
They’re kind of forgetting the big elephant in the room that is the fact a lot of US foreign debt is owned by Japan and China, with the majority of the rest of it being held by countries that will be very very pissed off with this move.
If trump is stupid enough to pull the trigger, and those countries decide that a potential physical war is becoming inevitable, they’ll for sure dump all of that debt, all at once; killing the US economy and it’s ability to make war. War needs fuel. Despite Venzuela, Trump won’t have enough of it once his economy tanks.
Europe should prepare to tell Trump to go fuck himself.
That is a gain for the US, not a loss. No interest payments on the loans they’ve made, and no need to pay off the principal. Great!
I don’t think you understand how inflation works…
Debt cancelling is a deflationary action. It reduces the money supply.
Dumping their bonds into the market isn’t cancelling their debt. Its making all that debt available for OTHERS to buy. Supply goes up, value goes down.
In other words, if all of the US debt was out up for sale at the same time, is value of the US dollar would crater.
Supply is the same unless debt is cancelled. A weaker dollar makes it easier to pay interest.
"If you owe foreign banks $100, that’s your problem. If you owe foreign banks $100 trillion that’s the foreign bank’s problem.”
That’s not how markets work.
But you’re clearly a troll just being intentionally obtuse for shits and giggles. It’s on me for not having realised it earlier.
Have a good day.