Not The Onion
Apparently the President has detailed his thinking in a letter to the Norwegian Prime Minister.
intercst
Not The Onion
Apparently the President has detailed his thinking in a letter to the Norwegian Prime Minister.
intercst
Telling Norway that you are angry and want to take over Greenland (which is a territory of Denmark) because you didnât get a Nobel Prize is something like attacking Iraq because of the terrorist 9/11 attacks which were executed by Saudis operating out of Afghanistan.
Wendy
The proposed tariffs on NATO countries who wonât endorse the US takeover of Greenland are equally confounding. Taxing US consumers because NATO countries wonât go along to get alongâŚdumb!
Stupid is as stupid does.
The threat of tariffs against the EU will backfire dramatically. EU countries hold $8 trillion in US treasuries.
âEurope owns Greenland, it also owns a lot of Treasuries,â he wrote in a note on Sunday.
Holding those bonds helps balance Americaâs massive external deficits, and Europe is the worldâs 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.
âEuropean countries own $8 trillion of US bonds and equities, almost twice as much as the rest of the world combined,â Saravelos pointed out. âIn 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.â
An open letter to Denmark:
We know.
Thereâs just nothing we can do about it.
So sorry. Sorrier than you can imagine.
Yours sincerely,
Most of us.
Like the original, it leaves one feeling nauseated.
Defeatism is the worst kind of apology.
There are things we can all do. While it seems unlikely Congress will do their job, how many of us have actually reached out to our Reps and Senators? How many of us are joining protests? How many of us are practicing non-violent civil disobedience?
MLK must be rolling over in his grave. If you need some inspiration, listen to an actual Nobel Laureate.
âI refuse to accept despair as the final response to the ambiguities of historyâ
When the Editor at Large of the Wall Street Journal writes a story about the impending war (not trade war, war war), even in jest, itâs worth reading:
Gift link:
Historians differ about the real origins of World War III. Some think its roots lay in the disastrous U.S. interventions in Iraq and Afghanistan in the early 2000s, which weakened American authority in the world, emboldened rivals, and sapped domestic support for assertive military projection overseas. Some cite Russiaâs invasion of Ukraine in 2022, the first major land offensive in Europe since World War II, breaking an 80-year taboo on armed conflict for territorial advantage. Some argue that the rise of China from the 1990s onward made conflict more or less inevitable, the world falling again into the [Thucydides Trap] of an emerging power posing an existential threat to the strategic hegemon.But thereâs general agreement about the crucial precipitating factor that led to the third global conflict in a little over a century: the brief andâor so it seemed initiallyâstunningly successful U.S. victory in the Battle of Greenland in early 2026.
It wasnât much of a battle, to be sure. President Trump, fresh off his swift and effective intervention in early January to [topple] and bring to trial in the U.S. NicolĂĄs Maduro of Venezuela and his wife (who were later pardoned by President JD Vance and now run a chain of retail cocaine stores based in Palm Beach, Fla.), doubled down on his âDonroe corollaryâ to the Monroe Doctrine.
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