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For example, China's current-account surplus hit a new record of around 8% of GDP last year.
The Rangers, meanwhile, have never had a problem meeting their bloated payroll, which this season is a league record of around $75 million.
By contrast, a different academic study** shows that private investors do seem to learn the trading lesson.This study looked at the record of around 11.6m Indian investors between 2004 and 2012.
Economists said the decision meant the currency had been revalued 1.2 percent to 1.4 percent, with some predicting the currency could reach 1.36 to the U.S. dollar within months or even approach a record of around 1.345.
The CEFC's chair, banker Jillian Broadbent, noted in a foreword to the report that the 2014-15 financial year "saw an all-time record of around US$320bn of global investment in clean energy".
Yardy's record of around 20 first-class wickets in a ten year career, and not a single ball bowled in first-class cricket last year, tells its story on that front.
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In the United States, for example, it has hit a record high of around 35 weeks.
It hit a record high of around $236 in November 2007 and fell to a low of around $53 in November 2008 during the dark days of the financial crisis.
America's infamous current-account deficit (the gap between domestic saving and investment) has widened to a record level of around 4.5% of GDP.
The Cherries paid a then-club record fee of around £800,000 for Tubbs but the majority of his appearances for the Dorset side have come as a substitute.
"I have been investing in good, but undervalued and distressed assets for 14 years now, and I have a good track record of turning around businesses.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com