
Pressure gauged: the road to recessions
The Intelligence from The Economist
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US-China Tensions and Economic Realities
This chapter explores the escalating tensions between the US and China, particularly surrounding military encounters in the Taiwan Strait and the implications of these confrontations. It also discusses a personal anecdote about an unexpectedly costly haircut in Dakar, challenging traditional economic theories related to pricing and local market dynamics. The conversation underscores the complexities of international relations and economic perceptions in a globalized world.
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