Shen Yun and the Falun Gong Cult

You’ve probably seen a poster or other advertisement for a performance group called Shen Yun. It’s performing arts and entertainment company formed in New York City. Their performances are classical Chinese arts: music and dance. Their claim is that they celebrate traditional Chinese arts going back 5000 years. The Shen Yun website translates the phrase…

Foreign-Exchange Markets Made Easy

Previously, I asked my audience if they wanted some kind of aid in understanding financial markets. Here is part one which describes foreign currency exchange markets. All countries issue currency. The value of said currency can only be judged by an external reference. This reference is the exchange rate. It becomes the fundamental price in…