The same history can be repeated because the many big lessons of the past and the recommended changes that should have taken place in the banking are largely ignored in the name of making more profits. Instead of getting stricter, the whole banking industry decided to relax and enjoy the sunshine. Now, the shadow of the past (the great 20018 economic crisis that started in the USA and which circled around the globe) is now starting to be showing up. We are hoping that the banking industry will be listening to this urgent warning and will be decisive enough to patch up possible leaks of the boat they are in. This around, it would be a great catastrophe to affect all countries especially those economies which are not resilient and not prepared.