Matt Scott: Debts are no longer a taxing issue for the big clubs
“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.” John Maynard Keynes
Like him or loathe him – and he splits opinion as surely as Marmite – John Maynard Keynes was one of history’s greatest minds. His writing has formed the basis of the modern economic system. (Although what he taught has been treated as a piecemeal buffet from which to pick and choose according to political expediency,