The Greenland opportunity is 'very evident,' economist says

• Greenland offers a high-return mining opportunity for critical minerals vital for Europe's energy transition.
• Denmark/Europe has failed to invest in Greenland, creating a vacuum that China and Russia are exploiting through infrastructure and resource acquisition.
• Europe's consideration of tariffs and selling US assets in retaliation is self-defeating, given its need for US investment and support for record sovereign debt issuance.
• The Davos narrative is shifting towards prioritizing economic growth, free markets, and productivity over interventionism, presenting an opportunity for Europe to re-evaluate its policies.

Daniel Lacalle, Tressis Chief Economist, emphasizes Greenland as a critical geopolitical and economic opportunity, warning that Europe's historical neglect and current retaliatory tariff threats against the US are counterproductive. He argues that Europe must collaborate with the US to secure Greenland's resources and address its economic challenges, especially as China and Russia increase their influence in the region.