If today's sharp decline is attributed to Trump imposing tariffs on the EU (I don't believe there's any connection between the two) then with the Davos Forum opening tomorrow and Trump confirmed to attend he will negotiate with EU leaders to purchase Greenland Although Denmark currently holds sovereignty over Greenland in reality, Greenland is a "liability" for Denmark Denmark provides billions of dollars in annual fiscal subsidies to the island averaging about 1,000 kroner per Dane paid for Greenland in exchange only for Denmark's status as the world's 12th largest country by territory essentially a geopolitical membership fee paid by Denmark Trump's seemingly aggressive forced buying and selling is just his usual tactic Although Europe's overall strength is relatively weak now you still have to give them the face they deserve Who plays the game of "if you don't sell, I'll raise your tariffs"? Actually, anyone with clear eyes knows Trump is after the rare earth resources No one is foolish enough to seriously buy the national security pretext Ultimately, I estimate the negotiation outcome will be: 1. The US military expands its garrison (since there's already a presence) 2. The US purchases XX years of resource extraction rights 3. Denmark still retains "sovereignty" This way everyone takes a step back The EU's face is preserved Denmark saves money annually going forward The US Congress can more easily approve development budgets And Trump achieves his goal 😎