Trump stirs up a storm on the eve of Davos: Bessent angrily criticizes Europe, Greenland and U.S. debt become focal points

On January 21, news broke that as Donald Trump is about to arrive in Davos to participate in major global economic and political events, U.S. Treasury Secretary Scott Bessent has once again launched a strong attack on European countries, drawing high attention from the international financial and geopolitical circles. Bessent accused some European leaders of making “incendiary remarks” regarding the Greenland issue, and stated that this attitude carries a clear “resentful sentiment,” which is unfavorable to the stability of U.S.-Europe relations.

Meanwhile, the global financial markets are in a highly sensitive phase. Recently, U.S. stocks have retreated, and safe-haven assets like gold have hit record highs, sparking concerns among some investors about capital possibly leaving the U.S. market. In response, Scott Bessent explicitly stated that such concerns are seriously exaggerated, and the attractiveness of the U.S. market remains solid; institutional funds will not shift massively to Europe or other regions due to short-term fluctuations.

One of the triggers of the controversy comes from a Danish pension fund announcing plans to sell U.S. Treasuries this week. The news quickly fermented in the market and was seen as a signal that European funds might reduce their allocation to U.S. assets. However, Scott Bessent responded very firmly, saying that Denmark’s investment in U.S. Treasuries is “as insignificant as Denmark itself,” implying that this move has extremely limited impact on the U.S. financial system.

When discussing the Greenland issue, Bessent further emphasized that the U.S. hopes its allies can understand its strategic considerations, and stated that Greenland “needs to become a part of the United States.” He called on Europe not to be swayed by emotions, but to wait until Trump arrives to carefully listen to his stance and arguments, and believes that the other side will ultimately be persuaded.

This series of statements has once again made U.S.-Europe relations, U.S. Treasuries, and geopolitical risks the core topics of market attention. For cryptocurrency and risk asset investors, changes in U.S. fiscal policy, international capital flows, and risk sentiment will directly affect the capital allocation structure of Bitcoin and digital assets. As Trump returns to the international stage, divergences between the U.S. and Europe, the direction of dollar assets, and global liquidity trends are becoming some of the most important macro variables in early 2026.