🗣 The potential purchase of Greenland would become the largest territorial acquisition in U.S. history.
This would surpass even the Louisiana Purchase in 1803, which nearly doubled the size of America at the time.
Currently, the relatively poor population relies on an annual grant from the Danish government.
This roughly half-billion-dollar grant constitutes about 20% of Greenland's GDP and half of the national budget, according to the International Trade Administration.
#EconomicForecasts
@Economyfinancemoney
This would surpass even the Louisiana Purchase in 1803, which nearly doubled the size of America at the time.
Currently, the relatively poor population relies on an annual grant from the Danish government.
This roughly half-billion-dollar grant constitutes about 20% of Greenland's GDP and half of the national budget, according to the International Trade Administration.
#EconomicForecasts
@Economyfinancemoney