Hannes Baumann
banner
hannesbaumann.bsky.social
Hannes Baumann
@hannesbaumann.bsky.social
Senior Lecturer, University of Liverpool, Arab states' political economy. Views my own, not my employer's. Author "Citizen Hariri: Lebanon's neoliberal reconstruction". He/him
Amazing resource - thanks for sharing.
November 10, 2025 at 11:00 AM
... here (on the research we do). www.liverpool.ac.uk/politics/res...
Research | Politics research | Department of Politics | University of Liverpool
Politics research
www.liverpool.ac.uk
November 3, 2025 at 2:25 PM
Reposted by Hannes Baumann
Tell me who is going to do the supplying, & I’ll believe you, if you can convince me:

- The ECB/PBOC will replace the Fed as the int’l LOLR
- 🇪🇺/🇨🇳 will tolerate 25% appreciations in the euro/RMB
- 🇪🇺 will complete banking & fiscal union
- 🇨🇳 will remove capital controls
- 🇨🇦🇦🇺🇯🇵🇨🇭 will quadruple in size
Again, this could be a moment when dollar hegemony ebbs, but <demand> for that ≠ <supply> of alternatives, & a 🇨🇳 that is tripling down on export surpluses & a 🇩🇪 that thinks it can just do off-balance sheet defense funding while not changing the rest of its economic model will not be supplying those:
If the world really wants to move away from 🇺🇸 markets/debt/the dollar, it's going to take wholesale changes of 🇩🇪/🇪🇺 & 🇨🇳 economic policies. Fundamental changes. Not just modest things like an off-budget defense fund or some modest movement in the RMB/USD exchange rate. No signs at all of that yet.
April 8, 2025 at 1:14 PM
Fun fact:
October 23, 2025 at 11:59 AM