President’s Latest Real Estate Deal: Greenland?

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President Trump made his fortune in real estate before he went into politics.

So, it should comes as no surprise that he may try to leave as his political legacy a huge real estate deal.

According to the Wall Street Journal, Trump considered buying Greenland from Denmark.

At a dinner with associates, Trump broached the idea when told about difficulties Denmark was supposedly having paying maintenance costs associated with their Greenland possession.

“What do you guys think about that?” Trump asked the room, the person said. “Do you think it would work?”

The United States has a mutual defense treaty with Denmark allowing for U.S. military presence on the island. Currently, America uses Thule Air Force Base in Greenland as a key part of early warning systems.

Recently, the U.S. has used its influence to stop Chinese efforts to establish a presence in Greenland.

Trump’s interest in Greenland is not unprecedented. Harry Truman offered Denmark $100 million in the wake of World War II and the State Department investigated buying both Greenland and Iceland in 1867.

What would you think about buying Greenland? Maybe the President sees a northern Trump Tower somewhere in the icy reaches of the Arctic.

Who else is interested?

According to Forbes: …Donald Trump, has reportedly suggested the purchase of Greenland from the Danish Government, but if that’s correct he’ll find that China has staked out a claim already, and in a commodity the U.S. needs, rare earths.

China’s interest in Greenland can be found through an Australian company of the same name, Greenland Minerals, which has Shenghe Resources Holdings as its largest shareholder with a 11% stake.

Thule Air Base

Thule Air Base
Part of Air Force Space Command (AFSPC)
Located near: Thule, Greenland
Aerial view of Thule Air Base with Saunders Island in the background and the tombolo on the right
Coordinates76°31′52″N 68°42′11″W
Site information
Controlled by United States Air Force
Site history
Built1943
In use1943 – present
Garrison information
Garrison821st Air Base Group
Thule Air Base
IATA: THUICAO: BGTL
Summary
Elevation AMSL251 ft / 77 m
Coordinates76°31′52″N 68°42′11″WCoordinates76°31′52″N 68°42′11″W
Websitepeterson.af.mil/Units/821st-Air-Base-Group/
Map
BGTLLocation in Greenland
Runways
DirectionLengthSurfacemft08T/26T3,0479,997Asphalt
Source: Danish AIS[1]

1989 aerial view

Thule Air Base, or Thule Air Base/Pituffik Airport (IATATHUICAOBGTL), is the United States Air Force‘s northernmost base, located 1,207 km (750 mi) north of the Arctic Circle and 1,524 km (947 mi) from the North Pole on the northwest coast of the island of Greenland.

Thule Air Base is the US Armed Forces’ northernmost installation. Thule’s arctic environment includes icebergs in North Star Bay, two islands (Saunders Island and Wolstenholme Island), a polar ice sheet, and Wolstenholme Fjord – the only place on Earth where four active glaciers join together.

Thule Air Base is home to the 21st Space Wing‘s global network of sensors providing missile warning, space surveillance and space control to North American Aerospace Defense Command (NORAD) and Air Force Space Command (AFSPC).

Thule Air Base is also home to the 821st Air Base Group and is responsible for air base support within the Thule Defense Area for the multinational population of “Team Thule”. The base hosts the 12th Space Warning Squadron (12 SWS) which operates a Ballistic Missile Early Warning System (BMEWS) designed to detect and track ICBMs launched against North America. Thule is also host to Detachment 1 of the 23rd Space Operations Squadron, part of the 50th Space Wing‘s global satellite control network. The airfield’s 10,000-foot (3,000 m) runway handles more than 3,000 US and international flights per year. Finally, Thule is home to the northernmost deep water port in the world.[2] Thule is the only Air Force Base with an assigned tugboat. The tugboat is used to assist ship movements in the harbor during the summer and is hauled onto shore during the winter season. The tugboat is also used for daily sightseeing tours of Northstar Bay during the summer. Additionally, for a fee, there is a Danish tour boat that runs in the summer.

UPDATE: The President responds to Greenland rumors: