The Semtex Road, Baked Alaska, 404k

Multipolarity

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The Trump Route for International Peace and Prosperity is now open. Only problem? It goes through a geopolitical electromagnet pulling all the badboys of the region into its tractor beam.

The US has taken out a 99 year lease on a corridor that connects Armenia and Azerbaijan. It’s a breakthrough peace deal, certainly. But is it a silk road through a minefield?

Meanwhile, in Alaska, Vlad is about to jet in for talks. Is there some historical echo in doing it in a territory Russia once signed away? Or merely a historical echo of a big empty nothing?

Finally, Trump’s new 401k rules mean that Americans will soon be able to invest their money in crypto. And to create their own retirement tontines — that’s to say, when one pension saver dies early, the rest inherit their forfeited funds. Is this more genius from the great negotiator? Or just a fantastic chance to turn America into a series of Agatha Christie-style bump-off clubs?

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