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RE: LeoThread 2025-01-13 12:29

in LeoFinance2 days ago

Part 2/8:

Before delving into Trump's possible motivations, it’s crucial to grasp what Greenland represents. Although technically not a country, Greenland is the largest island in the world, home to roughly 57,000 inhabitants. It is an autonomous territory of Denmark, governed by a Danish Constitution that allowed greater self-determination through referendums in 1979 and 2008.

Economically, Greenland is a paradox. While it boasts a GDP per capita of around $57,000, it relies heavily on Denmark for financial support, receiving substantial annual subsidies that amount to about $600 million. Despite this perceived wealth, the territory lacks a vibrant private sector, with many inhabitants serving as civil servants.

The Allure of Resources