Doomed to repeat 2008 ?

The next, worse financial crisis – Brett Arends, MarketWatch

10 reasons why we are doomed to repeat 2008

1. We are learning the wrong lessons from the last one
2. No one has been punished
3. The incentives remain crooked
4. The referees are corrupt
5. Stocks are skyrocketing again
6. The derivatives time bomb is bigger than ever – and ticking away
7. The ancient regime is in the saddle
8. Ben Bernanke doesn’t understand his job
9. We are levering up like crazy
10. The real economy remains in the tank