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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It was the minerals, all along. 
“The Trump administration announced plans Tuesday to hold a critical minerals summit — a move that comes in the wake of President Trump’s ramped up pursuit of Greenland.

“On February 4, @SecRubio will welcome partners from across the globe to the State Department for the inaugural Critical Minerals Ministerial,” the department posted on social platform X.”

https://thehill.com/policy/international/5696810-trump-state-department-critical-minerals-summit-greenland/amp/
[/quote]

Art of the Deal. Everyone is thankful that we aren't invading Greenland. America gets a massive win on expanded rights to use Greenland for minerals and military purposes. [/quote]

This is the crazy part. The US already had those rights!

Everyone is thankful for the US not invading Greenland? What? Nobody trusts the US anymore. Art of the Deal.[/quote]

Exactly.  Even if he actually gained something re: minerals, what Trump has lost for the U.S. this second go-round and especially this week is priceless and far more impactful for the long term.  What a horrible loss because this man is a blustering egomaniac and idiot.[/quote]

We have to remember that Trump is a businessman using hard negotiating tactics. You have to go in with a “high price” and that becomes an anchor for negotiations.[/quote]

Trump's high price caused countries to dump US treasuries, the world to lose trust in the US as a partner, and China to appear to be the only rational great power. Art of the Deal.[/quote]
Could someone explain the dumping of treasuries?  If I have a bond and sell it, someone else has to buy it, and the cost to America is the same- the interest on the bond.[/quote]

Dumping US treasuries drives the price down(rate). It also impacts the US’s next sale of t-bills and they will have a lower price. It can quickly become a self reinforcing death cycle. The other problem is you have to believe republicans will stand behind US debt and not just walk away. Many people think Trump and republicans will just walk away and say if you want your money come at me bro. [/quote]

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