Martin Weber is Chair of Business Administration and Finance at the University of Mannheim.DW-TV: And joining us now in the studio is Martin Weber, chair of business administration and finance at the University of Mannheim. What do you make of the financial world right now? Is it back to square one? Martin Weber: It’s actually not back to square one. It's another crisis. It's not the first crisis we've had. If we learn from the crisis, it will help to get ready for the next one.  DW-TV: Ok. You say we're in between two crises now, because we hear that banks, obviously, haven't learned from the crisis — at least, that's what we've just learned in the report. Martin Weber: I think they have learned, but from a purely logical point of view, they're always between two crises, and the unfortunate thing is we don't know what the next crisis will be. DW-TV: That's a somewhat fatalistic outlook, which means that we also heard that the run for bonds will eventually come to an end at the end of this year. So that's probably when the next crisis is just around the corner? Martin Weber: No, I don't think it's around the corner as fast as you just mentioned, but we've always had financial crises. You can go back to the Middle Ages and we had financial crises. So there's no reason to believe that there won't be any financial crisis in the future. DW-TV: But is there reason to learn from it? I mean, politicians have pledged that they would introduce more transparency, tougher regulations, into the financial sector. According to what you tell us now, it's not really necessary, because things won't change. Martin Weber: No, no. You will have a different financial crisis. I mean, the thing is, you want to regulate, you want to learn from the current financial crisis, but then something new comes up. You see, this financial crisis is not -- we had all this sort of big bubble and so on, in the 1990s. So we've overcome that problem. Now we have another problem. ...