Alphaville LLC is delighted to announce that its inaugural research report “Ice deal; US chief is interested in purchasing Greenland”, was quoted by prestigious British broadsheet the Guardian on Monday 19 August.

Phillip Inman, economics editor of the Observer and an economics writer for the Guardian, cited research analyst Jamie Powell’s $1.1tn price target for the arctic landmass in a piece this morning titled “Why does Donald Trump want to buy Greenland”.

The amusement being that the LLC is the spoof research organisation of the FT blog. Inman quoted it as being real……

20 thoughts on “Snigger”

  1. Does anyone still sell T-shirts with “The Guardian. Wrong about everything”? I think the Daily Mash don’t (probably because they sold out to the BBC).

  2. Let’s dance in style, let’s dance for a while
    Heaven can wait we’re only watching the skies
    Hoping for the best, but expecting the worst
    Are you gonna drop the bomb or not?

  3. @jgh: Prestigious?

    As in the book and film The Prestige:

    An illusion; a conjuring trick; a deception, an imposture.

  4. @ Jim. Was one-ish year ahead of you, but by that time I had discovered a squishy-but-interesting alien species that continued to hold my full attention while the nuclear holocaust didn’t happen… 😉

  5. ““cover drive”?”

    My cricket master did pay me the ultimate compliment when I left prep school that my cover drive was reminiscent of a certain DI Gower……

    “by that time I had discovered a squishy-but-interesting alien species that continued to hold my full attention ”

    All boys private schools here I’m afraid. So it was cover drives or buggery…………….cricket for me then!

  6. Trescothick was a lovely timer of a cricket ball but his lack of foot movement made his cover drive unsatisfying.

  7. Brexit – EU

    Removing the Backstop Isn’t Enough, Boris. We Demand Full, Unconditional Brexit!

    Spot on. When I heard Boris today wittering on about backstop and having meetings to remove my heart sank.

    Delers echoes what I’ve been saying since November 18 – Backstop is an “ambit claim” or red-herring/distraction-tactic

    May’s “deal” is not dead, it’s in an induced coma.

  8. Am hoping that Boris is using it to distract conservative remainers, of course if EU were to reopen the WA and agree to remove the backstop wold be interesting to see how the strongarm Ireland into backing down. And once it’s re-opened time to push for more changes to the point EU give up

  9. Back O/T, The Times (behind paywall, natch) has a lengthy piece on who might want to but Greenland, also quoting a valuation of $1.1 trillion, presumably lifted from Alphaville.

    I’m guessing that’s an estimate for the total value of all the minerals that might be there, while ignoring the non-trivial cost of extracting and delivering them to markets. If it’s actually an indication of total profit to be made, why aren’t mining and oil companies all over this?

  10. On the kind of money being talked about, and compared to the 60k population, I think some votes could be bought by promising them a million dollars or two in cash each if the transaction goes through…

  11. @ Chris Miller
    Because most of the gross profit goes in taxes to the government (and/or bribes to members thereof).

  12. @Steve August 21, 2019 at 12:22 pm

    Jim – great days, the 80’s were a magical time

    +1 ’80s were best decade I’ve lived in. My mother, aunts & uncles also agree.


    btw I thought “cover drive” may have been a typo for “clover [something]”

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