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Trump’s return to the Monroe Doctrine His sabre-rattling betrays a new foreign strategy

‘His Greenland message points to an attempt to deal with America’s declining global status and unsustainable imperial overreach.’ Photo by EMIL STACH/Ritzau Scanpix/AFP via Getty Images.

‘His Greenland message points to an attempt to deal with America’s declining global status and unsustainable imperial overreach.’ Photo by EMIL STACH/Ritzau Scanpix/AFP via Getty Images.


January 9, 2025   5 mins

With just over a week to go to his inauguration, Donald Trump is already sabre-rattling. It is, he said, an “absolute necessity” that America annexes Greenland. “People really don’t even know if Denmark has any legal right to it, but if they do, they should give it up because we need it for national security.” Not even in the White House yet and the president-elect already has Europe in a frenzy, refusing to rule out economic or military coercion in his desire to secure control over the Danish autonomous territory.

Donald Trump Jr is also in on the act. He ostentatiously visited the island this week, purporting to be a tourist; but he was accompanied by Sergio Gor, the powerful incoming director of the White House Presidential Personnel Office, and was seen handing out “Make Greenland Great Again” hats. “Don Jr. and my reps landing in Greenland”, Trump posted on social media. “The reception has been great. They, and the Free World, need safety, security, strength, and PEACE! This is a deal that must happen. MAGA. MAKE GREENLAND GREAT AGAIN!”.

Not wanting to be left out, Elon Musk weighed in on X, writing, “If the people of Greenland want to be part of America, which I hope they do, they would be most welcome!”.

Unsurprisingly, Danish Prime Minister Mette Frederiksen gave Trump’s proposal short shrift, stating, “Greenland belongs to the Greenlanders”. But all the love bombing comes amid a rising independence movement in the former Danish colony that became self-ruling in 1979. “It is now time to take the next step for our country,” Greenland’s premier Múte Egede said. “Like other countries in the world, we must work to remove the obstacles to cooperation — which we can describe as the shackles of the colonial era — and move on.” He also floated the idea of a possible referendum, a development that could potentially play into Trump’s expansionist aim.

It would be easy to laugh off Trump’s annexation claims as little more than political trolling aimed at stirring up his MAGA base and usefully diverting attention from more pressing issues, such as the lack of a clear strategy for managing the conflicts in Ukraine and the Middle East. There is, though, more to this story that just Trump shooting off his mouth. In fact, Greenland has long been a serious obsession for the former and future president, who first made a bid to purchase the island in 2019.

But why is Trump so keen on this huge, icy rock where living conditions are so extreme that the tiny population (60,000) of mostly indigenous communities has to rely on fishing and hunting for its livelihood? In fact, it’s pretty straight-forward. For starters, Greenland is rich in natural resources, including rare earth minerals, which are critical for America’s high-tech industries and green technologies.

More important is its position at the doorstep of the geopolitically invaluable Arctic Ocean. Not only does the region hold vast untapped reserves of oil and gas, but as ice caps melt, previously inaccessible maritime pathways are opening up that could significantly alter global trade dynamics. Chief among these is the Northern Sea Route, along Russia’s coast and through the Baring Strait, which could cut transit times between Asia and Europe by as much as 40%, bypassing traditional routes through the Panama and Suez Canals.

Trump surely knows that Russia, with its extensive Arctic coastline, is uniquely positioned to capitalise on the region’s potential. Indeed, the Northern Sea Route is the lynchpin of Moscow’s new energy strategy; it has constructed ports, terminals and icebreaker fleets aimed at leveraging the new shipping routes to export oil, LNG and other resources from the Arctic regions to global markets, particularly Asia. It has also expanded its military presence. China, meanwhile, is also heavily present: having designated itself as a “near-Arctic state” in 2018, it has since been investing in the region through its Polar Silk Road initiative, aiming to integrate Arctic shipping into its broader Belt and Road framework.

“Greenland is a vital part of the longstanding US ambition to strengthen its Arctic foothold.”

Against this backdrop, Trump’s statements take on a more serious note. Far from being idle musings, they underscore the idea that Greenland is a vital part of the longstanding US ambition to strengthen its Arctic foothold and thereby counter the encroaching presence of Russia and China. In this sense, Trump’s talk of annexation and even military intervention, neither of which are likely to happen, risks being a distraction from the wider geopolitical dynamic at play: the scramble for the Arctic, one of the new “Great Games” of the 21st century and one that is already playing out.

To play this game, the US doesn’t actually need to seize physical control of Greenland. It already wields significant influence there under a 1951 treaty with Denmark: it bears substantial responsibility over Greenland’s defence, and operates a major base on the island — Pituffik Space Base (formerly Thule Air Base) — a critical component of its missile defense system. Any push to expand its military presence would face little resistance from Denmark, given its Atlanticist alignment and wariness of Russia. An independent Greenland would be even weaker against US demands — despite its premier claiming that Greenland “will never be for sale”.

In short, Trump’s empty talk of military intervention shouldn’t blind us to the very real fact that the Arctic is about to become a flashpoint in the rivalry between America and the China-Russia axis. The rhetoric is useful, though, as it indicates his administration’s potential foreign policy direction. Taken with his other recent expansionist claims, which also include the Panama Canal and even Canada, his Greenland message points to an attempt to deal with America’s declining global status and unsustainable imperial overreach. It all suggests the recalibrating of US priorities toward a more manageable “continental” strategy — a new Monroe Doctrine — aimed at reasserting full hegemony over what it deems to be its natural sphere of influence, the Americas and the northern Atlantic.

This approach would attempt to balance those imperialist tendencies still very much present among the US establishment (and in Trump himself) with a more “realist” understanding of the world’s multipolar dynamics. It might also explain why Trump’s Greenland ambitions resonated with some Russian commentators. TV pundit Sergey Mikheyev, for example, said that Trump’s proposal is in accordance with “the American mindset” that his predecessors attempted to “disguise and hide”. “Trump simply says it straight — we are everything and you are nothing”, Mikheyev noted. “This is especially interesting because it drives a wedge between him and Europe, it undermines the world architecture, and opens up certain opportunities for our foreign policy”, he added, arguing that if Trump “really wants to stop the third world war, the way out is simple: dividing up the world into spheres of influence”.

Stanislav Tkachenko, an influential academic at the St Petersburg State University also voiced his support and said that Russia should “thank Donald Trump, who is teaching us a new diplomatic language. That is, to say it like it is. Maybe we won’t carve up the world like an apple, but we can certainly outline the parts of the world where our interests cannot be questioned.”

These statements could be dismissed as wishful thinking, failing as they do to account for the heightened risk of military tensions where spheres of influence collide — as they do in the Arctic. Furthermore, US-Russia relations hinge on the trajectory of the war in Ukraine, where significant obstacles remain on the path to lasting peace. Nevertheless, Trump’s remarks provide insight into how tensions between the US and Russia (and China) might evolve, even if they don’t subside. Of course, a world where weaker nations are treated as mere pawns to be “peacefully” divided among imperial powers — assuming this is the direction we are heading — is hardly the kind of multipolar order most people envision. Nor is it the order that Russia and China ostensibly advocate for, leaving open the question of how they might respond to Trump’s overtures.

But one place remains woefully unprepared — politically, intellectually and psychologically — to navigate these troubled waters: Europe. In a world poised to be divided into spheres of influence dominated by the United States, Russia and China, the Old Continent faces the prospect of becoming even more geopolitically weakened and vulnerable than it is now. And yet it continues to cling desperately to the myth of the transatlantic relationship, despite America’s increasingly apparent disregard for its sovereignty and prosperity, exemplified most recently by Trump’s Greenland ambitions. Indeed, it is bitterly ironic that Europe, after vassalising itself to the United States in an effort to counter a largely imagined Russian threat, now finds one of its territories being threatened not by Russia — but by the US itself.


Thomas Fazi is an UnHerd columnist and translator. His latest book is The Covid Consensus, co-authored with Toby Green.

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Nell Clover
Nell Clover
7 hours ago

Under current arrangements, the USA has control of Greenland as long as it has control of Europe. Today the USA has control of Europe thanks to Europe’s total military, energy, and financial dependence on the USA.

That the USA is now seeking direct control of Greenland suggests the USA worries it might no longer control Europe in the future. Why would the USA worry it won’t control Europe in the future? After all, there is no prospect of Europe ending its dependency on the USA.

The answer is the USA fears Europe will increasingly resemble North Africa and the Middle East in both culture and character. Chaotic areas of the world beyond the control of any state. Both hawks and doves on the Hill have postulated the risk of either France or the UK’s nuclear assets falling into Islamist hands. JD Vance has publicly talked about the risk. Indeed, even the UK state – over a thousand years old and counting – considers its own failure as a realistic risk to the safe maintenance of its civil nuclear facilities in the next 60 years. Let that sink in.

If even the UK civil service thinks failure of the British state is a not insignificant prospect, is it any wonder the USA might begin to plan for a retrenchment from Europe and the securing of key defence assets like Greenland?

Last edited 7 hours ago by Nell Clover
Katharine Eyre
Katharine Eyre
1 hour ago
Reply to  Nell Clover

Very interesting comment. Saying the UK state is a 1000 years old and counting is a wildly inaccurate statement but I completely catch the general drift.
I don’t think the rationale of your argument is right though. I think it’s more like America has no further desire to be supporting Europe (or to the same extent as it has been doing since WW2) but is still thinking about what it needs to hoover up as it withdraws for the purpose of defending its interests going forward.

Steve White
Steve White
1 hour ago
Reply to  Nell Clover

If there is no longer a need for NATO to continue pushing Eastward, then all the EU is to the US moving forward is simply a liability. We’ve helped make sure it’s not got access to cheap energy anymore, and so it is no longer a threat as an economic competitor. At this point it’s better to cut it loose, and work on our own strategic depth in our own regional sphere.

Last edited 1 hour ago by Steve White
Dash Riprock
Dash Riprock
33 minutes ago
Reply to  Nell Clover

Trump probably hasn’t put it together as yet.
Many in the MAGA camp don’t understand the risks of alienating Europe – if it did manage to coordinate its own future, it could forge cooperation with Russia and China at the expense of the US (which is what the French and some German elements often seem to want to do anyway).

UnHerd Reader
UnHerd Reader
13 hours ago

Surely Europe is not so naive as to think that their years of welfare and industrial expansion on the backs of the USA defense machine (and thus the IS taxpayers), combined with their ongoing sanctimonious attitude towards the USA has been forgotten by Americans?

RA Znayder
RA Znayder
4 hours ago
Reply to  UnHerd Reader

The continued postwar involvement in Europe was hardly altruistic. The Marshall plan allowed Europe to develop which was beneficial for the US because its immense industry had a lot of excess capacity back then. Thus, the demand from a Europe that needed rebuilding significantly expanded the US economy.
Perhaps more important was preventing Europe to be taken over by communism. Even if the Soviet Union did not simply capture all of Europe, they were afraid that poor living conditions would drive Europeans towards communism anyway. Planners in the US not only feared that the entire Eurasian landmass would fall to communism but some also secretly feared that the rapid technological, industrial and economic development of the Soviets would surpass that of the US. It would have been a troubling sight if Germans had started fleeing to the GDR instead of the other way around. So keeping a prosperous Europe under its wing was very much to protect US geopolitical interests.
When the cold war was ending US industry could no longer compete with European and Japanese industry. Thus we see that the dollar reserve currency was transformed into a FIAT currency allowing the US to offshore and outsource their production and sell its debt. For this reason everyone, including Europeans, kept investing in the US market, now increasingly financialized. This position is a big part of why the US can spend so much on its military in the first place. Moreover, if it didn’t, it might undermine the dollar based world economy itself.

Last edited 3 hours ago by RA Znayder
El Uro
El Uro
7 hours ago

The Europeans are successfully destroying their industry, their infrastructure (remember the blown up dams in Spain), their agriculture, and, finally, replacing their own population with people from Africa and the Middle East. To demand after this that the US continue to provide Europe with a comfortable existence is astonishing impudence.
P.S. It would be easy to laugh off Trump’s annexation claims as little more than political trolling aimed at stirring up his MAGA base and usefully diverting attention from more pressing issues, such as the lack of a clear strategy for managing the conflicts in Ukraine and the Middle East. – Fazi, do you already see Trump’s strategy for managing conflicts in Ukraine and the Middle East? Tell us, please!

Last edited 7 hours ago by El Uro
Dennis Roberts
Dennis Roberts
9 hours ago

Glad to see UnHerd making a serious attempt to analyse the situation.

Brian Kneebone
Brian Kneebone
12 hours ago

Spheres of influence dominated by the USA, China and Russia. Together these countries have about 1.8 billion people. That leaves around 6.4 billion elsewhere, including some big countries (India, Indonesia, et al). I suspect the World will become more interesting and complex than a three sphere model predicate.

Stephen Feldman
Stephen Feldman
11 hours ago
Reply to  Brian Kneebone

Carve. Carve like its Xmas every day

Lancashire Lad
Lancashire Lad
2 hours ago

Yep, don’t forget about Turkey…

Alex Carnegie
Alex Carnegie
7 hours ago
Reply to  Brian Kneebone

True. It will be more complicated – and Europe and India will probably seek to be the centres of their own blocs – but the basic point that the world is heading towards a multipolar system with trade blocs and political spheres of influence seems entirely plausible. Globalisation and a US led unipolar world have proved unsustainable.

Perhaps after a period of friction the various blocs will come together again constructively to deal with global issues and to maximise growth. Possibly but History is discouraging. The last time – when the late nineteenth century surge in globalisation went into reverse and blocs formed behind tariffs – two world wars followed.

Kathleen Burnett
Kathleen Burnett
6 hours ago
Reply to  Brian Kneebone

It’s not a headcount.

Steve White
Steve White
1 hour ago
Reply to  Brian Kneebone

The new multi-polar world is supposed to be one of strategic alliances and diplomacy. Domination is the old unipolar way.

Hugh Bryant
Hugh Bryant
6 hours ago

If I was a Greenlander I’d vote to be American – then grab the passport and jump on the next plane to sunnier climes. Ditto if I was Canadian.

Maybe Trump does believe in climate change after all – a couple more degrees and both countries will be massively wealthy.

RA Znayder
RA Znayder
5 hours ago

Abandoning Atlanticism might be the geopolitical mistake of the century in the long term. According to the World Island Theory of Halford Mackinder, having some control over the Eurasian landmass remains essential because it is simply the biggest, most populated landmass with the most resources. From this perspective America is just a distant island with only a few hundred million people, despite its recent technological and economic dominance.
Of course we might wonder how relevant this is today. But some influential Russian intellectuals do believe in it. In their eyes Europe should be drawn into the Eurasian sphere of influence with China and Russia and away from the US. They argue that this would undermine the Atlantic dominance of the world and everything it stands for.
If one does agree with this theory it can be argued that the US does not necessarily have to associate with Europe for influence in Eurasia. However, to deny the benefits of deep historical and cultural ties between Europe and America in favor of purely transactional relationships is a mistake as well I think.

Last edited 5 hours ago by RA Znayder
Sayantani G
Sayantani G
1 hour ago
Reply to  RA Znayder

Mackinder has to be read in conjunction with Spykman’s Rimland theories.
Trump is being entirely pragmatic as European politics in most parts has seemingly sacrificed national interests including economic ones already to America or to China, by de- industrialization in the name of “Green” policies.
The main threat remains China and Trump is thus interested in Eurasia via the Arctic and the Pacific.
Globalism European and Progressive style is only suiting CCP.

Last edited 58 minutes ago by Sayantani G
Kathleen Burnett
Kathleen Burnett
6 hours ago

The time has come for European leaders to come together and form a united bloc. The European Commission will naturally demand to be in control. They should be dumped, sacked, no pensions, nada. But of course, this won’t happen, when you have the likes of Starmer and Macron (who will want to be in charge). Europe could be so much better.

Malcolm Webb
Malcolm Webb
2 hours ago

Europe, with the EU, has employed the architect of its decline.

Timothy Camacho
Timothy Camacho
2 hours ago

It’s perhaps the consequence of twin assessments:
The EU block is unreliable and about to go through its usual violent political contortions. Its market is less and less interesting from an economic point of view, far too many regulations (most, disguised protectionism for their crony champions) for dwindling returns. Not to mention has gone from 35% of world trade to less than 13% in 40 years. US multi’s have been neglecting the EU market for a while now, but still, heads in sand, much.
China and Russia have unapologetic Monroe doctrines of their own, going back decades, uninterrupted.
When Trump is presented with fact, he does not do ideology, he adapts to fact. That much at least is a constant.
And the fact is that Europe is increasingly irrelevant in the world order. Governed by old people for old people, averse to any form of risk, increasingly poor and ill equipped to defend the antiquities hidden under the eaves.
It is with terrible sadness that I recognise our best chance in Britain is incorporation. As a dilapidated raft escaping the EU sinking ship, we are going to get caught in the turbulences, again. And have never been less prepared in our recent history.
Musk’s obsession with the UK is far from innocent.

Dash Riprock
Dash Riprock
2 hours ago

How can the writer say the Russian threat was largely ‘imagined’, given the history?

Peter B
Peter B
6 hours ago

Vastly overstating the importance of Russia going forwards. Now a tier 2 country and not in the same league as the USA and China.

Hugh Bryant
Hugh Bryant
5 hours ago
Reply to  Peter B

Don’t speak too soon. Russia is a goldmine. The only thing holding it back is the endemic corruption. And that could change.

I wouldn’t be at all surprised if, thirty years from now, Europeans are emigrating eastwards to escape the disaster their politicians have brought on them.

Stuart Sutherland
Stuart Sutherland
4 hours ago
Reply to  Hugh Bryant

Thirty years? Ten more like!

Steve White
Steve White
3 hours ago

Once again Fazi is on top of things with a cutting edge analysis of what is going on. “Spheres of influence” is the new buzz word, and there is a sort of return to the way the world used to be 120 years ago. With this Trump is showing us that the globalist project that began in the 1990s with the great “unipolar moment” is at an end, and the new world will be multi-polar with the heavyweights of the US, China, and Russia starting to delineate their core speres of influence. But there are other nations that are not quite as heavy, India, and even Indonesia and Brazil are the middle weights. They are all going to sometimes align, sometimes not, but one thing is sure, the entire EU is about as significant moving forward as one of the middleweights.
What Trump is doing in delineating out the USs regional sphere is significant, and it’s pretty much inevitable. He is not joking, these places, Canada, and perhaps even Mexico will either become a part of the US, or they might as well be. Panama will become a part of this, because the US needs total domination over this route.
Now, people are going to freak out over all of this but there is a good side to this. This spells the end of the forever wars, and I am not so sure what Israel is going to do, because, well, that sphere of influence seems to be a long way away from America. They might have to put away the Zionist dreams and just become a regular nation just like everyone else has to. One who respects their neighbors. As far as Europe goes. The sooner Europe realizes that its continued vassalization is going to mean it’s all just an open air museum, and farmland the better. If that’s what they want, that is what they will get, but they can’t have it both ways.
The sooner nations realize the globalist neocon game is over and this new game is the future, the better off they will be.

Last edited 1 hour ago by Steve White
Lancashire Lad
Lancashire Lad
2 hours ago
Reply to  Steve White

Agree with much of that, but the idea that israel might wish to “just become a regular nation just like everyone else…” well, that’s precisely what it wants, and always has wanted; just to be a peaceful homeland. Someone should tell “its neighbours”.

Last edited 2 hours ago by Lancashire Lad
Gordon Welford
Gordon Welford
2 hours ago
Reply to  Steve White

Russia a heavy weight ? Surely not

Russell Sharpe
Russell Sharpe
49 minutes ago
Reply to  Steve White

“[Israel] might have to put away the Zionist dreams and just become a regular nation just like everyone else has to.”
That IS the Zionist dream.
The anti-Zionist dream is Israel’s destruction and another Jewish genocide.

Last edited 48 minutes ago by Russell Sharpe
Chipoko
Chipoko
1 hour ago

Don’t forget that Trump could claim UK citizenship instantly by virtue of his mother being born there! He is one half British!
I guess Trump has a natural affection for the nation of his mother’s birth and the origin original motherland of the USA. And he can hardly like to witness the corrosive impact of mass migration into the UK and Europe as a whole, and the consequent dilution and corruption of its history, culture and democratic traditions. It is hardly surprising that he feels less and less affinity with a nation and its continent that seem hellbent on replacing their ancient ethnic homogeneity with a destructive and divisive multiculturalism and utterly foreign values.
No wonder he wants to incorporate Greenland as an important buffer zone between the USA and an increasingly divided and hostile Europe, and as a strategic territory to defending itself from invasion via the Artic route and protecting its many interests there.
Makes perfect sense to me!

Michael Marron
Michael Marron
3 hours ago

If Starmer doesn’t change direction, we may find Trump swapping Greenland for the “special relationship”.
Then what will Mr Fazi say?

John Riordan
John Riordan
1 hour ago

Good article but I have to point out that while Trump’s rhetoric is of course a bit mad regarding Greenland, the only reason it appears to be an affront to the decaying and self-important European order is that Greenland happens to be an erstwhile Western outpost of Europe on the USA’s doorstep.

How important one thinks this is depends, it appears, on where one resides on the political spectrum: when Argentina rattled its sabre at the Falklands while the USA had Barack Obama in the Whitehouse, he was entirely happy to talk about Las Malvinas as if Argentina’s claim had already been settled: a ludicrous and diplomatically obtuse position for the leader of a major ally to take.

Martin Johnson
Martin Johnson
50 minutes ago

Why do I think of Orwell’s 1984, divided between the three great powers of Eurasia, Eastasia, and Oceania with its European outpost, Airstrip One?

Dash Riprock
Dash Riprock
36 minutes ago

Many here seem to make the assumption that Trump’s changes (to the extent he manages them) will be permanent.

Stephen Feldman
Stephen Feldman
11 hours ago

We need Kissinger

Bernard Hill
Bernard Hill
9 hours ago

…and not just a Kissringer.

Tony Price
Tony Price
3 minutes ago

To torpedo a peace process and bomb a neighbouring country?

Geoffrey Kolbe
Geoffrey Kolbe
1 hour ago

I would say that Trump’s position is more nearly that set out by Putin, which is that ‘great’ powers have geographical spheres of influence and smaller powers about them must be subservient to the needs and requirements of the ‘great’ power.
In this, Trump is setting aside the Wesphalain world order, which was first enunciated 375 years ago that the internal affairs of sovereign states were to be respected and not subject to interference by other states. The Monroe Doctrine is a variation on that theme.
More pertinently, if we are still guessing how Trump will deal with the Russo-Ukraine war, then I think we now have the compass bearing on Trump’s trajectory of thinking. Ukraine, he would surely agree (with Putin) is within Russia’s sphere of influence and so long as Russia does not interfere with any ambitions Trump has for Greenland, Trump will not interfere with Russia’s ambitions regarding Ukraine.

Last edited 1 hour ago by Geoffrey Kolbe
mike flynn
mike flynn
1 hour ago

This piece is about Europe’s place in the world. Good. Under the articles of confederation America was a failed state. The constitution bound the states together more closely.

One can see the advantage to Europe of a more perfect union. A lot of “IFS” here, but;

Why doesn’t EU reconstitute, including eliminating non directly elected leadership? Put the checks and balances in to prevent centralization of power.

Why not develop a constitution of laws meant to empower the citizens, not crush them with regulation?

Under what constitution will the petty nations subordinate their past, not so glorious, bloodlines for the greater good?

Under what constitution will France and Germany cede some arrogant power to make it work?

450 million people, existing capital as a base, Europe can be a dynamic player on this planet, if it only gets out of its own way. And also vigorously defends itself.

The alternative is geography. Europe becomes the appendage of Asia that it really is. Only dominated by the oriental autocrats.

Russell Sharpe
Russell Sharpe
46 minutes ago
Reply to  mike flynn

The trouble is that, apart from a thin sliver of well-buffered polyglot elites, there ARE no Europeans.

j watson
j watson
8 hours ago

There have been at least 5 offers to purchase Greenland in US history, so in itself it’s not new, nor necessarily inappropriate. The tenor and language is what is new and some of that has repercussions that embolden more malign actors.
Trump was always going to focus much more on foreign policy in his 2nd term than many of his supporters may have expected. It’s the same for all 2nd termers, esp as they become more of a lame duck back home. Historical legacy also appeals. So in many ways this is just a foretaste.
Author notes the awkward position this places Europe. In fact a few clear signals Europe better hold firm together not necessarily a bad thing. And unfortunately for those who’d like to get a tug and pull the UK 3000 miles across the Atlantic we in the UK remain inextricably tied to the fate of Europe.

Hugh Bryant
Hugh Bryant
5 hours ago
Reply to  j watson

“we in the UK remain inextricably tied to the fate of Europe”

Hey, this lifeboat’s seats are a bit hard on the old posterior. I know, let’s get back on the Titanic.

Every day it gets a little bit clearer that Brexit was the right decision. Bad times are coming in Europe. The smart money is already crossing the Atlantic – as current UK gilt yields rather strikingly illustrate.

But feel free to decamp to your imaginary nirvana any time JW. We’ll even crowdfund your fare.

Stu N
Stu N
5 hours ago
Reply to  j watson

The last time Europe met its fate we were the only country standing against its downfall. Yet we’re ‘tied to’ it and must follow where it stumbles? Think again, then try again.

Last edited 5 hours ago by Stu N