“It’s Geoeconomics, Stupid”

“It’s the economy, stupid”, the famous catchphrase in the 1992 Clinton presidential campaign, emphasized the importance of economic growth and stability for US voters. The economic argument was also decisive for Trump’s second win. While he promised the return of a US golden age, the US economy has so far been riding on a rollercoaster. As world economies remain interconnected – even in a postliberal view – the Greenland crisis puts geoeconomics centre stage, with the United States using economic and coercive instruments to achieve strategic geopolitical goals.