The New York Times article explores the hypothetical notion of the United States purchasing Greenland, a suggestion previously made by Donald Trump, despite Denmark's assertion that the territory is not for sale. David Barker, a real estate developer, estimates Greenland's value between $12.5 billion and $77 billion by considering historical purchases like Alaska and the Virgin Islands, with adjustments for inflation and economic growth. The analysis raises questions about the motivations behind the potential acquisition, suggesting national defense and access to Greenland's mineral resources as key factors. While some speculative values reach as high as $1.1 trillion based on potential resource extraction, Barker cautions that actual benefits would be more limited. Ultimately, buying Greenland would be framed as a substantial and unprecedented deal.

Key Points:

• Donald Trump has expressed interest in purchasing Greenland, which Denmark has stated is not for sale.
• David Barker estimates Greenland's value could range from $12.5 billion to $77 billion.
• Valuations are based on historical purchases like Alaska ($150 million in 1867) and the Virgin Islands ($25 million in 1917).
• The emphasis on Greenland's value might stem from its location for national defense and its mineral resources.
• Speculative valuations based on resources have been cited as high as $1.1 trillion, which Barker views skeptically.
• The consensus is that any potential purchase would be a significant deal in U.S. history.
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