The big story here in Denmark is of course the environment conference in town. Until a few decades ago, Denmark was almost as important as Canada, with their massive land holdings that included Greenland and north of Norway.
As the story goes, one night in the 70's, an important minister was negotiating with Norway and signed a treaty selling a vast territory, for a small sum of money. The Danish official was apparently drunk out of his mind when he signed the document and now that territory is worth billions in oil and water reserves - perhaps the worst property deal in modern history. Denmark will be out of oil in 15 years and Norway is now the richest country in the world on a per capita basis and has enough oil to make a Saudi jealous. Lessons to be learned for this coming holiday season - if you're drunk, don't sign anything.
Hard to believe 2010 is only a few weeks away. This will be my last post until the new decade and want to say thanks to everyone that visits and posts. I'll be in Toronto Dec 24 - Jan 2 and hope to see you for a couple of cocktails.
Happy Holidays.
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