It’s not without precedent, much of the current US was purchased from colonizing powers. The Louisiana purchase is perhaps the most famous one, where Napoleon needed more money to fight the British and worked out a deal to sell France’s North American territories to the USA.
But the US didn’t have enough in its Treasury to fund the full amount, so in addition to selling bonds to raise money it also assumed some of France’s war debt. Then, once all the arrangements were made, they simply had ceremonies to pull down the French flag and raise the American one. (And in some territories, Spain was involved, somehow, leading to a “three flags day” in some places.)
If it happened today I bet they would finance it all with Dogecoin, because of course they would. If it helps Dogecoin moon to $69, I can retire early.
Probably the State Department on both accounts? But that’s assuming this deal is being made by a respectable administration and not an organised crime syndicate pretending to be one.
Maybe this is a stupid question, but I honestly have no clue. If they “purchase” a country who can even make that deal and who is receiving the money?
It’s not without precedent, much of the current US was purchased from colonizing powers. The Louisiana purchase is perhaps the most famous one, where Napoleon needed more money to fight the British and worked out a deal to sell France’s North American territories to the USA.
But the US didn’t have enough in its Treasury to fund the full amount, so in addition to selling bonds to raise money it also assumed some of France’s war debt. Then, once all the arrangements were made, they simply had ceremonies to pull down the French flag and raise the American one. (And in some territories, Spain was involved, somehow, leading to a “three flags day” in some places.)
If it happened today I bet they would finance it all with Dogecoin, because of course they would. If it helps Dogecoin moon to $69, I can retire early.
Nah, Trump coins the real hot take nowadays https://crypto.com/price/official-trump
Probably the State Department on both accounts? But that’s assuming this deal is being made by a respectable administration and not an organised crime syndicate pretending to be one.