Original author: Curry, Deep Tide TechFlow
On April 4, 1949, 12 countries signed the North Atlantic Treaty in Washington.
Among them were the United States and Denmark.
76 years later, the United States threatened to militarily invade Danish territory.
White House spokesperson Levitt said, "Military force is always one of the options available to the president." Danish Prime Minister Frederiksen stated that if the U.S. did this, NATO would be over, and the security system established since World War II would also come to an end.
"Everything will stop."
These are the words of one founding NATO member to another founding NATO member.
The cause of the situation is Greenland.
Trump said the U.S. "needs" the island, citing national security. Greenland is an autonomous territory of Denmark, covering an area of 2.16 million square kilometers, with a population of 56,000, 85% of whom oppose joining the U.S.
Trump didn't care much about the vote. Last weekend, the U.S. military went to Venezuela to capture President Maduro, and just hours after the operation ended, the wife of a senior White House advisor posted a picture on social media, with Greenland colored like the U.S. flag, captioned with one word: SOON.
You should know that Venezuela has no nuclear weapons. Denmark doesn't either.
But Greenland is not the only item on Trump's shopping list.
The Panama Canal is also on the list. Trump said China "controls" the canal and needs to "take it back." In fact, the canal is operated by Panama's own authority, and Hutchison Whampoa only operates the ports at both ends, handling container loading and unloading.
Later, Hutchison Whampoa agreed to sell the ports to BlackRock. Trump didn't get the canal, but Chinese capital exited.
Canada is also on the list. Trump said Canada should become the "51st state," with the condition of joining his $175 billion "Iron Dome" missile defense system for free. Not joining? Then pay $60 billion to buy in separately.
After two Canadian prime ministers refused, tariffs were imposed. 100% on pharmaceuticals, 30% on furniture, 25% on trucks.
If negotiations fail, raise the price.
Trump's view of the world is no different from his view of Manhattan real estate.
Every piece of land has a price. Greenland has rare earths, Panama has shipping routes, Canada has resources. If negotiations fail, apply pressure; if pressure doesn't work, threaten; if threats don't work, take action. Venezuela has already seen action.
This logic is also applied in the crypto space.
In 2024, the Trump family established World Liberty Financial to sell tokens, with the family taking 75% of the profits. Sun Yuchen invested $30 million, and a few weeks later, the SEC dropped its investigation into him. The Abu Dhabi sovereign fund invested $2 billion in stablecoins into Binance, and soon after, Zhao Changpeng received a pardon.
Investment in exchange for regulatory exemptions, investment in exchange for presidential pardons. Clearly priced, fair and square.
The real estate business can operate because there is a set of rules. There are courts to enforce contracts, police to protect property rights, and governments to recognize land deeds.
Without these, land deeds are just worthless paper.
In the international order, NATO is that set of rules. The U.S. has spent 76 years building it. Now the largest shareholder says, "I want to tear down the house next door."
He probably thinks the rules are set by him and can be changed at will.
The question is, if the real estate developer tears down the rules, will their own land deed still hold value?
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