EconomicsWithAneesh

 Is the US's rising national debt a problem? Essentially, national debt is basically the amount the government owe to the private sector and other holders of US Treasuries. It is the accumulation of government borrowing over many years. The graph above shows national debt as a percentage of gdp. Through these figures on national debt, we can see major events in American history. For example, world war 2 saw US debt reach its apogee at over 113% of GDP as the government undertook massive military spending. Okay, sure that sounds good and all. But more importantly, what is the current situation like? The US federal (comes from national gov) debt to gdp ratio was about 125% early 2025, which crowns the US at 6th on the current debt to gdp ratio standings. National debt is over $36 trillion, with specific figures often updated daily, which is around 100 times the net-worth of Elon Musk. Why is having  over $36 trillion  in debt is a bad thing? 3 main points. 1. Risi...

   The rise of Buy now pay later schemes (BNPL) I try to buy £80 pounds worth of groceries at the local Tescos. On a usual, I would have to spend take the £80 pounds out of my account and pay right there and then. Yet, with services such as Klarna, I can now pay in 4 installments of £20 pounds over 4 weeks. The extra £60: I can just spend this on a potential day out with the lads instead. This is buy now pay later, and Im sure you can already see the dangers of such a scheme. There are a couple questions I have approaching the topic. Is this going to cause an asset bubble? What happens if multiple people are unable to pay back loans to the companies (defaults)? The industry is essentially an alternative of credit cards. Klarna is a widely used BNPL service in the UK and US, letting customers pay in three installments, within 30 days, or via longer-term financing. Clearpay splits payments into four interest-free installments over six weeks, while Zilch offers flexible, zero-int...

Based off a podcast, I will be sharing my thoughts on whether firms can close down on the gender pay gap, or whether it is the responsibility of government through policy. This is an important topic and in 2024, the median gender pay gap for full-time employees was around 7.0%, meaning women earned 7.0% less per hour than men, according to the ONS.  I intend to approach this topic with the utmost respect and do not intend to hurt anyone's feelings. All of this was written based on curiosity and I have used numbers/statistics to make my points, trying to keep a minimal amount of normative statements. Saying that, I know I'm not a perfectly diplomatic writer and if there are improvements, please do say so in the comment section. This is a skill I am looking to improve at. The reason for writing this post was due to a recent personal story I heard. The gender pay gap itself is calculated through the difference between men’s and women’s median earnings divided by men’s median earni...

Learning from an Economist: theory vs practice: It was great to speak to yet another economist this summer. Our conversation was very useful and I was able to learn what it takes to be a good economist in the real world. I used text to speech for this, so sorry if some SPAG is wrong. We first discussed academia and theory versus what happens in real life. The economist suggested that I try and criticize theory and read the works of Richard thaler and David Kahneman. These are behavioral economists which will give you insight to the real world. He mentioned to understand what's going on the economy through podcast reading what high quality bloggers are writing. Examples included Bloomberg's oblates podcast and the macro podcast at HSBC. Here it is important to notice that you should learn economics at a level and university but not treat everything as gospel. Having understood his role as an interviewer through his LinkedIn profile I asked him what skills would be best to portra...

Yesterday, we hosted a banking careers panel that brought together around 3 0 students , 10 working professionals , and 4 specialised investment bankers — Shivali, Samahit, Kanishk, and Bhaven Ji .  As the lead organiser, I had the privilege of overseeing every detail, from setting up the space and coordinating volunteers to ensuring the event flowed seamlessly from the welcome session through to the networking that took place afterwards I'd also like to thank the massive team that helped both infront and behind the scenes. Due to the limited time frame between yesterdays' event and the time that the mailing list comes out, I understand that this is quite brief, so  I will be updatating this document with greater details later on in the week What did I learn about organising? Managing an event like this taught me a lot about structure and communication.  Making sure chairs, tables, mics, timekeeping, and name tags were sorted sounds simple, but every detail matters when...