U.S. Vice President JD Vance says Denmark has “underinvested” in Greenland’s security and demands Denmark change its approach as President Donald Trump continues to talk of taking over the Danish territory.
Dude, give it up. Greenland doesn’t like you CF Vance.
The reason that’s a stupid idea, is governments have to plan years, and ideally decades ahead of time.
A publicly traded business wants to exploit every possible resource as fast as possible because that’s short term profit which makes the stock price go up. And eventually when all the resources are gone, you sell stocks before the number goes down and takes a parachute or declare bankruptcy.
But there’s only so many countries and so many natural resources to exploit.
It’s like an uncheck cancer when countries start acting like this, because there’s no one to hold them in check.
They want to run governments like businesses…
The reason that’s a stupid idea, is governments have to plan years, and ideally decades ahead of time.
A publicly traded business wants to exploit every possible resource as fast as possible because that’s short term profit which makes the stock price go up. And eventually when all the resources are gone, you sell stocks before the number goes down and takes a parachute or declare bankruptcy.
But there’s only so many countries and so many natural resources to exploit.
It’s like an uncheck cancer when countries start acting like this, because there’s no one to hold them in check.