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This week in london, i'm john fastman, and right here next to him, jason palmer. This summer's hit maverick is a paon to gutsy fighter pilots in the real world. aggressive chinese pilots have provoked complaints from america, australia and canada. And a gripping tale from one of our dence. He tried to cut his own hair, failed, miserably, got a professional to fix his mess - and learned something about textbook economics along the way.

Hints are turning to hard data: economic slowdowns are coming. We ask about the threat of recessions in different regions and about the effects they may have. The reckless behaviour of China’s fighter pilots is just one reflection of the country’s distrust of the West. And a haircut gone wrong leads to a lesson that challenges textbook economics. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer