Despite Denmark¡¯s repeated insistence that Greenland is not for sale, U.S. President Donald Trump and his team are ¡°talking about what a potential purchase would look like,¡± according to a White House spokesperson.
But even as a thought experiment that assumes the presence of a willing seller, discussion of the hypothetical sale of an autonomous territory such as Greenland rapidly encounters imponderables such as how a meaningful price tag could even be established.
¡°There¡¯s not a market for buying and selling countries,¡± said Nick Kounis, chief economist of Dutch ?ABN AMRO bank, noting there was no accepted framework for valuing countries.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.