[Video] - Donald Trump denies US taking over Greenland could break up NATO, says Nonsense! NATO answers to me, the World answers to me!

• Defense: The Danish military is responsible for Greenland's security.
• Foreign Policy: High-level international relations are handled by Denmark, though Greenland is increasingly involved in Arctic-specific issues.
• Monetary Policy: The official currency remains the Danish krone.
• Citizenship: Greenlanders are citizens of the Kingdom of Denmark.

1. A referendum must be held in Greenland with a majority voting for independence.
2. The Danish and Greenlandic governments must then negotiate the terms.
3. The final agreement must be approved by both the Greenlandic Parliament (Inatsisartut) and the Danish Parliament (Folketing).

• Independence Goal: In February 2024, Greenland officially declared full independence as its ultimate goal.
• Domestic Politics: Following elections in March 2025, the government led by Jens-Frederik Nielsen has maintained a cautious but steady focus on increasing self-sufficiency to eventually replace the annual block grant from Denmark (approx. $500–600 million), which is the primary economic obstacle to independence.
• Geopolitical Tensions: In early 2026, Danish and Greenlandic leaders have repeatedly reaffirmed that Greenland is "not for sale" and its sovereignty is not negotiable, in response to renewed U.S. interest in acquiring or annexing the territory.

Europe can wield this $8 trillion ‘sell America’ weapon as Trump reignites a trade war over his Greenland conquest ambitions​

glockman said:

I believe leaders of the EU and UK will be friendly but very firm. Not so much out of self-respect (which they have shown to lack) but more so they don't wish to antagonise their constituents which they have to answer to. Furthermore, there's this consideration :

Europe can wield this $8 trillion ‘sell America’ weapon as Trump reignites a trade war over his Greenland conquest ambitions​

By
Jason Ma
Weekend Editor
January 18, 2026, 12:44 PM ET

The New York Stock Exchange on the first day of trading for the year on January 2, 2026.Spencer Platt/Getty Images

As the European Union weighs options to retaliate against President Donald Trump’s latest tariffs, its most potent weapon may be in financial markets.

France is already urging the EU to deploy its “anti-coercion instrument,” which can target foreign direct investment and finance as well as trade. That’s after Trump announced new U.S. tariffs on NATO countries that sent troops to Greenland amid his plans to take over the semi-autonomous Danish territory.

At face value, a 10% tariff rising to 25% would have minimal economic consequences, Capital Economics chief economist Neil Shearing said in a note Sunday, estimating they would reduce GDP in the targeted NATO economies by 0.1-0.3 percentage points and add 0.1-0.2 points to U.S. inflation.

“The political ramifications would be far greater than the economic ones,” he warned, with any attempt by the U.S. to seize Greenland by force or coercion potentially leading to irreparable harm to NATO.

So far, European officials have signaled Greenland’s sovereignty is a red line that’s not up for compromise, while the Trump administration isn’t budging either on its stance.

But the U.S. has a key vulnerability the EU can exploit, according to George Saravelos, head of FX research at Deutsche Bank.

“Europe owns Greenland, it also owns a lot of Treasuries,” he wrote in a note on Sunday.

Holding those bonds helps balance America’s massive external deficits, and Europe is the world’s biggest lender to the U.S.

For example, offsetting the U.S. trade imbalance requires heavy inflows of capital from abroad. Meanwhile, the Treasury Department must also finance budget gaps by issuing more debt, often to foreign investors.

“European countries own $8 trillion of US bonds and equities, almost twice as much as the rest of the world combined,” Saravelos pointed out. “In an environment where the geoeconomic stability of the western alliance is being disrupted existentially, it is not clear why Europeans would be as willing to play this part.”

As Trump threatened to upend global trade and finance last year, Danish pension funds led the charge in reducing their dollar exposure and repatriating money back home, he said.

Such moves represented the “sell America” trade that saw investors dump dollar-denominated assets amid doubts that they would continue serving as safe havens or still deliver attractive returns.

“With USD exposure still very elevated across Europe, developments over the last few days have potential to further encourage dollar rebalancing,” Saravelos added.

At the same time, the euro and Danish krone may see minimal impact from the fallout of Trump’s tariffs on NATO and any subsequent retaliation, he predicted.

That’s as European political cohesion stands to solidify in the face of Trump’s threats, with even right-wing officials previously sympathetic to him now rejecting his heavy-handed approach.

https://fortune.com/2026/01/18/euro...-debt-bonds-stocks-trade-war-greenland-trump/

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UltimaOnline said:

Either way, either directly from his stupid tarrifs over Greenland, or by retaliation from EU and UK, there goes our crypto. Fuck Trump!

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