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The James Altucher Show

Trump's Greenland Ambitions: Strategic Necessity or Wild Idea

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 30 December 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

A Note from James: "Couldn't believe it was possible. I thought the reality show of Election 2024 could not be beat, but it turns out that was just season one, and season two is incredible. Right now, I don't know whether this is insane or the smartest thing possible. So we're going to figure this out right now. Trump just announced that he wants to buy Greenland and so many things to unpack there. The deeper I go, the more of a rabbit hole it became, and the deeper I went." Episode Description: In this episode, James Altucher delves into former President Donald Trump's recent announcement to buy Greenland, exploring the strategic and economic reasons behind the move. The discussion revisits Trump's initial interest in purchasing Greenland in 2019 and examines the geopolitical significance of the island, including rare earth minerals, uranium, and oil reserves. The episode also considers China's control over rare earth minerals and the potential ramifications for U.S. national security. Despite Denmark's refusal to sell, the analysis suggests that acquiring Greenland could benefit both the island's residents and the strategic interests of the United States.  What You'll Learn:  The historical and strategic significance of Greenland for the U.S.   Why President Trump announced plans to buy Greenland, citing strategic necessity.    The importance of rare earth minerals and Greenland's substantial reserves.   China's control over the global supply of rare earth minerals and its potential impact.   The strategic military value of Greenland for the U.S., especially regarding rare earth minerals, oil, and gas.   Specific mining rights in Greenland and their control by Chinese companies.   The geopolitical implications of the U.S. owning Greenland and countering China's influence.   The importance of public figures like Ken Howery and Elon Musk in these discussions.   The rationale behind Trump’s repeated interest in purchasing Greenland.  Timestamped Chapters: [00:00] Introduction: The Unbelievable Reality of Election 2024 [00:21] Trump's Greenland Ambition: A Recap [00:50] Crowdfunding Greenland: A Personal Journey [01:37] Strategic Importance of Greenland [06:25] The Rare Earth Minerals Dilemma [14:35] Historical Attempts to Buy Greenland [18:55] Modern Geopolitical Implications [21:02] Conclusion: The Future of Greenland  Additional Resources: James Altcher: Greenland - Let's buy it!  James Altucher's Blog 

Transcript

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0:00.0

This isn't your average business podcast, and he's not your average host.

0:08.0

This is the James Altucher Show.

0:14.6

Couldn't believe it was possible.

0:17.1

I thought the reality show of Election 2024 could not be beat.

0:21.8

But it turns out that was just season one.

0:25.0

And season two is incredible.

0:28.8

Like right now, Trump, this is just, I don't know whether this is insane or the smartest thing possible.

0:34.9

So we're going to figure this out right now.

0:36.8

Trump just announced

0:37.7

that he wants to buy Greenland. And so many things to unpack there, the deeper I go, the more of a

0:46.7

rabbit hole it became, and the deeper I went. But first off, if you remember, Trump tweeted back in

0:52.5

2019 that he wanted to buy Greenland.

0:55.5

And the prime minister of Denmark said, hey, Greenland is not for sale.

1:01.6

And I'm watching these tweets.

1:03.8

I just couldn't believe it.

1:05.2

And by the way, this led to me starting a crowdfunding campaign for myself to buy Greenland. More on that in a second. But now it's

1:14.3

happened again. Just a few days ago, Trump announced that not only that he wants to buy Greenland,

1:19.8

but it is an absolute and strategic necessity for the U.S. to own Greenland. So first off,

1:26.0

when this first happened in 2019,

1:30.4

I couldn't really understand what's happening.

1:32.3

Like, did the president of the United States just offer to buy another country on Twitter?

1:37.4

And what does the prime minister of Denmark

...

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