Failure is always accompanied by our life

Everyone knows that failure always accompanies us in our life. No matter what we do, none of us can say we will surely succeed, because there is no such thing as plain sailing.

About failure, different people have different opinions. Generally speaking, on one hand, people think "failure is the mother of success". They think we won't understand the profound meaning of success until we go through failure. On the other hand, for some people, failure is frustration. They think if a person goes through too much failure, he will collapse and lose confidence in his life.

In my opinion, If you have never lost it, and always get it easily, you will not cherish what you get and own.

Failure is the mother of success

In the world, I am sure that no one dare say he hasn't met any trouble all his life. So we must face failure. In fact, failure is not fearful, but important thing is how to face it correctly. Facing failure, people will never take their fate lying down.They will try their best to work harder and harder until at last they succeed.
Not being courageous to face setbacks, people have no chance to enjoy the pleasure of success. So they have nothing to do but feel sad and empty all day and all night. In fact, they lose the chance of success themselves.
My friend, whenever in trouble, please remember, "Failure is the mother of success."

How to face the failure

There are always many failures and difficulties in our life. They may
let us down ,cast us down ,even break us down ! However,we are forced to face to them no matter how we are fed with them and
how we are annoied with them.So the most import thing we need is to be confident in ourselves.Only with confidence can we face to failures!

Firstly,it is you who is suffering difficulties that have the ability to deal with your teouble perfectly.the first thing you should do is to believe in yourself!Everyone can not know the result until they have a try on the problem.Just like Edison can not invent anything with no experiment.His success is based on his bravery to face to failures.So.if you have the same spirit,you may become another Edisone!Dear friends,why couldn't you be brave to face faiulures and difficulties?

Secondlyly,it is you who can seise the key to the problem that make life more colourful.Assune that if William Henry Gates III KBEIt (威廉·亨利·盖茨三世爵士)haven't seized the opportunity to develop microsoft and he haven't had the belief that he must make it,the reliable fact is that he is an old poor out of work man now.So when you think you can't do anything,you are the poorest person in the whole world,please ask yourself: Do you always in impasse like Gates?Think about others and ask yourself：Do you always face to choose being alive or death like American soldiers? Do you always afraid of starving to death like African children?The answer is:No! Cmpared with them,you are so lucky and happy a person !Dear frinds ,why couldn't you
belive you can seize the right chance to win back your success,and live a colourful life?

What Caused The Financial Crisis?

I think we can sum up the cause of our current economic crisis in one word — GREED. Over the years, mortgage lenders were happy to lend money to people who couldn’t afford their mortgages. But they did it anyway because there was nothing to lose. These lenders were able to charge higher interest rates and make more money on sub-prime loans. If the borrowers default, they simply seized the house and put it back on the market. On top of that, they were able to pass the risk off to mortgage insurer or package these mortgages as mortgage-backed securities. Easy money!

and what went wrong with our financial system? The whole thing was one big scheme. Everything was great when houses were selling like hot cakes and their values go up every month. Lenders made it easier to borrow money, and the higher demand drove up house values. Higher house values means that lenders could lend out even bigger mortgages, and it also gave lenders some protection against foreclosures. All of this translates into more money for the lenders, insurers, and investors. Unfortunately, many borrowers got slammed when their adjustable mortgage finally adjusted. When too many of them couldn’t afford to make their payments, it causes these lenders to suffer from liquidity issue and to sit on more foreclosures than they could sell. Mortgage-backed securities became more risky and worth less causing investment firms like Lehman Brothers to suffer. Moreover, insurers like AIG who insured these bad mortgages also got in trouble.

The scheme worked well, but it reverses course and is now coming back to hurt everyone with a vengeance.