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The 2019 Security Conference in Munich attracted so much attention not only due to the top-notch lineup of participants, but also to the keynote report released by the organizers as a curtain-raiser for the high-profile gathering. Titled “The Great Puzzle: Who Will Pick Up the Pieces?" the Munich Security Report (MSR) was pitched as a recipe for preserving and strengthening the “liberal world order,” which, according to the authors, is becoming increasingly fragmented and chaotic.