Sovereign Wealth… Out of Nothing

What if the U.S. used debt to buy Greenland? In this wild yet insightful hypothetical, Rabobank’s Michael Every explains how America’s proposed sovereign wealth fund—which has no actual wealth—could still pull off a strategic land grab by leveraging Wall Street, real estate, and some geopolitical firepower.

By pledging hypothetical land as collateral, Washington could potentially raise billions in debt, offer Greenland’s citizens $1 million each, and gain access to one of the most strategic and resource-rich areas on the planet. It’s absurd. It’s brilliant. It’s also not entirely out of the question.

This is how financial fart craft (Michael’s term) meets geopolitics in the 21st century.

Full interview – https://www.youtube.com/watch?v=yycgQGx2peg

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