The last couple of down terns that america has seen have been pretty deep. What would you reckon this time around, if it should come? The good news is that recessions which play on vulnerabilities in the cono can become very deep. So there's a lot of hope out there that the recession could be milder.
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