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The Indicator from Planet Money

Add to cart: Greenland

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 21 January 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

President Donald Trump's proposal that the United States take "ownership" of Greenland has raised a lot of eyebrows. Can the U.S. just buy itself this big territory? Is that a thing? Turns out if you look at U.S. history, it's absolutely a thing.

Today on the show: how massive land deals called "sovereignty purchases" have shaped the country we live in today, and why the idea of the U.S. buying Greenland is a lot more complicated than it would have been in the past.

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Transcript

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0:00.0

NPR. Donald Trump is now officially the 47th president of the United States. And if Trump gets his way,

0:17.8

what we even think of as the United States might come to look very different.

0:22.6

And we're not talking metaphorically.

0:24.6

We're talking geographically.

0:26.6

Maybe you caught this statement of his a couple weeks ago.

0:30.6

Well, we need Greenland for national security purposes.

0:33.6

I've been told that for a long time, long before I even ran.

0:37.8

Trump has been kicking this idea around for years, which is that the U.S. should take, quote,

0:42.1

ownership of Greenland, a partially self-governing territory of Denmark. People really don't even know

0:48.0

if Denmark has any legal right to it. But if they do, they should give it up because we need it for national security.

0:55.5

That's for the free world.

0:56.4

So short of using military force or economic coercion, which he has not ruled out,

1:02.2

how exactly does Trump imagine the U.S. taking ownership of Greenland?

1:07.2

Well, one thing is proposed, simply buying it.

1:11.0

To which many observers then said, wait, really?

1:17.3

This is the indicator for plan of money.

1:19.7

I'm Adrienne Ma.

1:20.8

And I'm Waylon Wong.

1:22.0

Can the U.S. just buy itself a country?

1:24.6

Is that a thing?

1:25.7

Turns out, when you look at our history, it is absolutely a thing.

1:29.9

It's called a sovereignty purchase. Today in the show, how these massive land deals shape the

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