Join Henry Kerr, Economics editor at The Economist, and David Rennie, Beijing bureau chief, as they delve into the looming threat of recessions in the U.S. and Europe, sparked by rising interest rates and energy prices. They discuss the reckless maneuvers of Chinese fighter pilots, reflecting a growing distrust of the West. A humorous haircut mishap leads to an intriguing conversation on global pricing dynamics, challenging traditional economic theories with unexpected insights.