Features
Rose’s Odyssey” is an absolutely riveting story of surviving the Holocaust that tells a story quite different from almost any other Holocaust story you might have read.
By BERNIE BELLAN In the spring of 1984, Dr. Meir Kryger (whose name is no doubt well known to many readers as the “sleep doctor” who spent many years in Winnipeg), his wife, Barbara, and daughter, Shelley, along with Meir’s mother, Rose, went to Rome where they were to spend Passover with Meir’s cousin, Henry Welch.
It was during a Passover seder in Henry’s apartment that Rose Kryger opened up – for the very first time, about what had happened to her during the Second World War. As a child of Holocaust survivors – and like so many other children of Holocaust survivors, Meir didn’t have a clue about his parents’ past, but as a child, he didn’t consider that unusual.
As Meir notes in his mother’s recently published memoir, “Rose’s Odyssey,” “I eventually learned that what is considered normal is quite different for children of Holocaust survivors. I never touched a single artifact from my family that predated the second World War. I thought that was normal. I never knew grandparents. I thought that was normal. As I was growing up every family that I knew had survived the horror of losing everything. I thought that was normal. Our family had no place it considered home, even when we were living in Montreal. I thought that was normal. Most of the adults I knew while growing up had horrible unspeakable memories locked up that were never discussed.”
Now, there have been countless memoirs and accounts of Holocaust survivors published over the years, but in many ways “Rose’s Odyssey” is unlike any other that I have ever read. In the first place, Rose, her husband Sam, sister Ghenia, and nephew Zvi (who later adopted the Anglicized name Henry), ended up traveling east from Poland to escape the Nazis, in contrast to so many other accounts of survivors who either remained trapped in Poland or managed to escape by going west.
Reading about the travails that beset those four individuals beginning in 1939 and through to 1945 is horrifying, but in a totally different way than it was for the millions of victims who didn’t manage to escape Poland.
A second aspect of “Rose’s Odyssey” that was so totally gripping is the matter of fact language that Rose uses in describing what happened to her. As it turned out, Rose had compiled a very detailed set of journals in which she described her experiences – both during and immediately after the war, along with those of her husband, sister, and young nephew.
As Meir Kryger notes in the prologue to this book, however, it was only after Rose’s death in 1993, in Montreal, that his sister and he actually discovered those notebooks, all written in Yiddish. As well, there were two audiocassettes in which Rose had also told what had happened.
Henry Welch actually translated Rose’s words and published a book in 2004 titled “Passover in Rome.” That book went out of print, but during Covid Meir reread the book and “felt the book needed to be made available again.”
Thus, after revising the original “Passover in Rome” and updating it with new maps, photos, and a glossary of Yiddish expressions, “Rose’s Odyssey” was published in 2022. It is available on Amazon as both a paperback and in Kindle format.
While the mere fact that the four individuals whose story is told in the book travelled over 18,000 kilometers from 1939-1947, which is when the story ends with Rose and Sam going to Palestine, is astonishing enough, it is reading about all the horrendous experiences they endured – yet somehow managed to survive, that makes this book so compelling to read.
In conversations with Holocaust survivors myself I’ve often asked them what it was that they think kept them going when so many others around them perished? In most cases, the answer that they would give is “luck,” and while that was certainly an ingredient in so many survivors’ stories, I often thought there was something else that had been at play.
Rose and her sister, Ghenia, were not exceptionally strong physically, and while the book also doesn’t indicate that Sam Kryger was much different from the average Polish male Jew, he was certainly capable of shouldering extreme physical challenges, it turned out.
But it was Rose and Ghenia whose abilities to endure anything thrown at them which made me write to Meir Kryger at one point when I was about halfway through reading the book, saing that I just “couldn’t put it down.” Of course, knowing that all four survived the war – even before I began to read the actual story of how they survived, told me that there wouldn’t be a shocking surprise – which might have made me hesitant to want to continue reading what is, in no uncertain terms, a true horror story.
Yet, some elements of the story related such abject descriptions of suffering that once I had finished reading certain chapters I just has to take a break from finding out yet another story about the absolute degradation that was forced upon those four individuals.
At the same time though, the book is a remarkable adventure. Traveling 18,000 kilometers – on trains, boats – leaky rafts at one point, camels at another point, and very often, simply on foot, would make anyone wonder where Rose and Ghenia, in particular, drew the strength to carry on?
From managing to survive a slave labour camp in Siberia their first winter after escaping to Poland to constantly seeking a warmer place where they might live, Rose and the others reached what must have been the nadir of their journey when they found themselves in Kazakhstan in 1941.
In a chapter titled “Worst Winter of Our Lives,” Rose describes having to deal with a typhoid epidemic that swept through the hellhole in which they found themselves, known as “Zhyd Ken Chek”:
“We were in the middle of the Kazakhistan Steppes, where the wind runs wild without any obstacles. Outside there were no trees and very scarce vegetation. The highest tree was a small bush not higher than 8 to 10 inches. That little bush dried by the wind became the only fuel we had to cook, bake and heat our kibitka. We collected these bushes and stored them in our hallway.”
In the course of the chapter, Henry Welch who, from time to time in the book, adds his own commentary to Rose’s words – sometimes to clarify certain aspects of the story, at other times to give his own perspective on something she has written, describes what happened to him in Zhyd Ken Chek:
“The minute we got into this settlement, I got sick. As my mother used to say, may she rest in peace; when it comes — it comes in bunches. I got measles. After the measles, I got pneumonia, then a horrible case of diarrhea and finally typhoid fever like everybody else. It was very unusual because I was never sick since we left our home in Lodz. I sure made up for it all at once in Zhyd Ken Chek.”
As typhoid fever swept through the settlement, however, everyone there became infected at one point or another that horrible winter.
Even as I’m writing this, I have to pause to consider what Rose wrote about that typhoid epidemic, in her typical unsentimental “just the facts” style of writing: “That winter Zhyd Ken Chek turned out to be a death trap. Of the 128 people who had arrived at the end of December 1941, only about 25 survived by the time spring of 1942 made its slow appearance. The four of us were among the survivors.”
But, as if that weren’t enough, Rose adds this note about one of the huts that had housed 45 men: “That ill-fated single men’s hut; out of 45 strong, young men, only two or three survived. The rest of them died during the typhoid epidemic. There was no medication, no medical assistance and not enough food. I would visit them from time to time and bring whatever food we had to spare.”
Returning to the question which I had posed previously: Was there something special that allowed Rose, Sam, Ghenia, and Ziv to survive when so many others didn’t? Rose herself gives no clue as to what it was that enabled those four to survive, but there is a hint that Ghenia had an exceptional ability to improvise to the point that she became a skilled black marketer in many of the outposts where they found themselves, and that proved crucial to the wellbeing of all four.
Whether it was trading various food items or other different commodities in their possession, reading about Ghenia’s resourcefulness is not only fascinating, it’s highly entertaining in many respects.
And, in the end, as gut wrenching as so many parts of “Rose’s Odyssey” are – and how could any story of surviving the Holocaust not be – it’s also a story of triumph – of taking all those blows leveled at the four individuals who faced unremitting challenges together, and persevered.
The book doesn’t end with the end of Word War II, however. Rose and Sam end up returning to Poland, where they found out that Rose’s other sister, Sally, has also survived the war. even though she had been taken to Auschwitz, as had several other of their relatives. But the Poles were decidedly unwilling to welcome Jews back into their midst, so Rose and Sam ended up making their way to Germany where, in one of the great ironies of the aftermath of the war, many Jews did find a welcome mat laid out for them.
Eventually though, Rose and Sam could simply not accept the notion that they would live their lives amidst the very people who had brought about the Holocaust in the first place. As noted, Rose’s journey ends with her and Sam emigrating to Palestine, along with their two children, Marylka, who was born during the war, and Meir, who was born in 1947. I should also mention that Rose did have another child – a girl named Gucia – in Siberia, but because there was so little food, Rose could not properly nurse the child, and she died after three months. Rose never got over the loss of that child and, while she didn’t attempt to put it out of her mind at any point, her iron will to survive led her to find the inner strength to carry on.
Again, reading out about Holocaust survivors who went from Poland to Siberia – and then to even more distant lands, never knowing when they would have to move again, and then returning to where it all began – is an engrossing story in itself. The fact that this book is so well written is a credit not only to Rose Kryger’s vivid account of horrific events, but also to Henry Welch and Meir Kryger, both of whom contributed to the editing of this absolutely compelling story.
Even though the book was self-published somehow it made its way on to the reading list of none other than Arianna Huffington, author, entrepreneur, and founder of he Huffiington Post, who was effusive in her praise of the book, writing “I love this book: it is compelling, enlightening and at times, heartbreaking.”
One final note: Meir Kryger had contacted me about this book back in August when it was first published. I told him back then that I simply didn’t have time to read it because I was quite busy putting out the paper – although I did say that I would try to find time to read it at some point. If only I had known then how good a book “Rose’s Odyssey” was; I can only hope that this review leads others to making that same discovery – sooner rather than later, as was unfortunately the case with me.
Features
Exchange Rate Factors: What Global Events Mean for Savvy Investors
When Russia invaded Ukraine in 2022, it created ripples in all financial markets, including currency markets. The Euro weakened while the dollar surged and emerging market currencies wobbled. Global factors can quickly affect financial markets and shake established trends. Apart from such rare events, currencies tend to change their price because of interest rates, inflation, and overall investor confidence. For investors managing money abroad, understanding these movements is critical to avoid losses and mitigate risks.
Below, we will break down how global political, economic, and cultural events influence exchange rates, with insights for savvy investors.
Economic factors
There are several key exchange rate factors with a consistent history of shaking financial markets. These factors include inflation, interest rates, trade balances, employment rates, and so on. Since economic factors are shaping markets almost daily, we start with those.
Inflation and interest rates
Inflation and interest rates are closely connected as one can easily affect the other. When inflation rises, central banks step in and raise interest rates to reduce inflation, and when inflation is lower, central banks can lower interest rates to make borrowing money cheaper. As a result, investors closely monitor these two metrics to anticipate changes in interest rates. Higher inflation makes currencies weaker, and whenever banks change the rates, the changes are immediately reflected in global currency rates. In the United States, the Federal Reserve is the central bank that sets interest rates in the country.
Trade balances and economic growth
A country that exports more than it imports has a stronger demand for its currency. More demand equals a stronger currency. However, the Japanese yen was always weaker against the dollar because the BOJ of Japan tends to have super low rates near 0 to support its exporters. Economic growth also increases demand for local currency as more investors try to invest in the country’s economy. Long-term investors often track this data to detect early signs of any changes in currency strength.
Political and geopolitical factors
Elections, sanctions, and overall political stability are also crucial factors. If the country gets under sanctions, its economy crumbles and its currency becomes inflationary, losing its value quickly. Elections are also crucial for a currency’s strength. Geopolitical events can have a serious impact on the currency as well. The most obvious example is the 2016 Brexit events that made GBP lose its value rapidly and violently. Global conflicts, such as wars, can seriously impact global financial assets, especially currency markets. When tensions are high, safe-haven currencies like USD and CHF (Swiss Franc) become very popular among investors as they seek a safe place to protect their capital.
Cultural and social factors
People like tourists, workers, and diaspora communities can shape currencies as well. Tourism usually drives seasonal demand, and countries that are popular destinations during certain seasons experience their currency appreciation as demand spikes. The perception matters as countries seen as safe and opportunity-rich tend to attract more investors, solidifying their currency strength.
Technology and innovation
Technology is seriously affecting everything, especially the financial sector. Digital payment systems, blockchain technology, and fintech startups have made it easy and swift to move money around. Cryptos and stablecoins enable investors to protect their capital using stablecoins during volatile times. The latest trend among banks is to work on CBDCs, which signals a new era where national currencies are blended with technology and blockchain. Despite this, currencies, even in their crypto form, will continue to be influenced by all major factors mentioned above, and knowing how these factors impact your currency is key to keeping your capital safe from risks.
Practical lessons for savvy investors
So, what do all these factors teach us about global currency rates and investing strategies? The key lies in proper preparations and anticipation. Monitoring macro trends, policy announcements, and major geopolitical and political developments is critical.
Diversify
The number one method which is used by professional investors is diversification. This simply means to spread your risks across a basket of assets. By not investing all your capital in one instrument, you can mitigate risks. If one asset experiences a loss, other ones will counter it with returns. Building a diversified portfolio is key to properly diversifying. For example: divide your capital to buy stocks, commodities, currencies, and cryptos so that if one fails to perform, others will counter it. This ensures a stable income without unnecessary losses in the long run.
Hedge
Forex options and ETFs are great hedging assets. Forex options let investors lock in an exchange rate for a future date, which is very useful if you expect volatility but want stability. Currency ETFs, on the other hand, track specific currencies or a basket of currencies and allow easy trading or protection without trading forex directly, but they are still risky.
Monitor the economic calendar
Economic calendar is a free online tool that aggregates important macroeconomic news data such as interest rate decisions, CPI, inflation, employment rates, central bank announcements and speeches, and other crucial information. By monitoring them, investors can always know when important news data will be released, and they can postpone their investment decisions to avoid volatile times and only invest after the main trend is determined.
Features
The Canadian Dollar is on a slow decline. Should you save in euros or US dollars instead?
The Canadian dollar has been losing its value against the dollar this year. For Canadians, this raises a simple question: if your CAD is losing ground, is it better to move savings into euros or U.S. dollars, especially bonds, stocks, or a carry-trade strategy? Carry-trade strategy in this context means to borrow in CAD and invest it in the USA or the EU zone. This is a complex matter, and to understand where the CAD is, how attractive other currencies might be, we need to analyze these currencies more deeply. Below, we will walk you through the data, practical costs, and risks so you can reach a usable conclusion after reading this guide.
Quick snapshot – What the markets say right now
Recently, the Canadian dollar has hit multi-month lows due to weaker oil prices and a post-Fed (U.S. Federal Reserve) market reaction (which raised the rates, making the CAD weaker against the dollar). Canada’s central bank has cut its policy rate to 2.25%, while the Fed’s fund rate remains notably higher at about 3.75-4%. The ECB (European Central Bank) main interest rates are lower than the Fed’s and near the low-to-mid 2% range. While the Euro currency to USD rates remain mostly predictable, due to higher US bond yield rates, the EUR remains stronger, still. The U.S. 10-year Treasuries are around 4.1%, Canada’s 10-year near 3.2%, and Germany’s 10-year around 2.7%, meaning that today the USD-denominated bonds have the highest nominal yield among the three. As a result, the dollar seems much more attractive when it comes to bond yields and stocks.
Bonds – Which currency is the best for fixed income?
The short answer is: USD bonds. When it comes to nominal yield alone, US bonds beat almost all other competitors. U.S. government bond yields (10-year) are noticeably higher than Canadian and German/Eurozone bond yields right now. As a result, US bond buyers have more income potential than Canada and the EU. Euro-area core yields are lower, meaning they are paying less than the USA.
However, nominal yield does not mean it is guaranteed real return, and metrics like inflation, currency rates, and hedging costs can impact potential returns directly. If you buy USD bonds but the dollar falls against the CAD, currency losses will most likely wipe out the higher yield rate. If the Fed lowers its rates, it will make the dollar weaker against the CAD and EUR.
Another challenge is that, if you live and spend in Canada, you are using CAD, and when exchanging it for dollars, you get exposed to foreign currency rate risks, which must not be underestimated.
Stocks – Euro or dollar?
Both the EUR and USD have their advantages. USD has strong liquidity and strong long-term performance, while EUR equities offer valuation opportunities and recent relative strength.
Why USD?
The U.S. market remains the most liquid stock market with strong earnings for many tech and large companies. This makes USD stocks very attractive for long-term-oriented investors. S&P has been rising historically, and even after crashes, it often recovers its value relatively quickly.
Why EUR?
European indexes have performed well this year and in many cases cost less than their U.S. counterparts. While cheaper does not always mean better, these indexes still have some growth potential. Some major banks in the EU zone, together with industries, have recovered strongly with a recent focus on military manufacturing, making many EU stocks very attractive, together with local indexes.
However, here is a caveat: if you are using CAD daily and it loses its value against the euro, the returns from euro holdings might shrink, exposing you to greater currency risks.
Carry-trade analysis – Is it viable to borrow CAD and invest it in USD or EUR?
The basic promise of carry-trade is simple yet powerful: you borrow cheaper currency and invest it in currencies with higher yields. In our case, is it lucrative to borrow in CAD and invest in either EUR or USD? To answer this question, we need to look at numbers. BoC policy rate is 2.25%, Fed funds from 3.75%, U.S 10-yr is 4.1%, Canada 10-yr is 3.2%. If we deduct Canadian rates from the U.S. rates, we get around 1.8% positive before costs. So, in theory, it could be lucrative to invest CAD in USD assets using a carry trade. Since the ECB has around 2%, it is not profitable to use a carry-trade strategy for the euro.
The bottom line
While the CAD has been weakening lately, it is still not cheap enough to naively invest in USD or EUR. However, if you want a pure yield and can tolerate foreign exchange rate risks, USD bonds are more attractive today. When it comes to stocks, USD equities provide stable and liquid markets. If you want valuation potential and diversification, then euro equities have become more attractive this year. When it comes to carry-trade strategies, the USD remains more lucrative than the euro, but on paper, traders and investors should evaluate all the risks and costs before investing in any currency.
In the end, Canadians who have CAD for their daily costs should be careful when trying to get exposure to other markets. US bonds, US stocks, US carry-trade, and EU stocks remain attractive choices for experienced investors.
Features
Why Reading Online Reviews Matters Before Making a Purchase
People usually pause before purchasing to read reviews from other customers. It’s become part of everyday online life, a quick way to see how something really performs before making a decision. According to the Pew Research Center, most internet users read reviews to get a better idea of what they’re buying. The feedback from actual users becomes more reliable than marketing statements because it comes from everyday consumers instead of sales-oriented corporate messages.
Reading reviews also helps spot patterns. If the same comment, good or bad, appears again and again, it usually means there’s truth to it. People now use this collective feedback as their main method to evaluate online products and services for quality and reliability.
When There Are Too Many Options, Reviews Narrow the Field
Shopping online can be overwhelming and a bit of an adventure. There are always more options than anyone needs, hundreds of gadgets, countless household tools, endless entertainment subscriptions. All listings present themselves as excellent value propositions with operational excellence, yet it remains a bit of a challenge when it comes to verifying which ones deliver actual results.
Reviews become useful at this point. Real users provide information about product details, which marketing content fails to show, by sharing their experiences about delivery speed and setup ease and product durability after several months of use. The product details show its operational behavior when used in regular business activities.
Users tend to begin with reviews. For instance, a tech product might have amazing packaging but fall short on battery life or integration. Maybe a new game or casino platform might sound promising, and reviews on trusted choices can confirm whether it includes flexible payment options, a wide content library, and responsive support. When feedback keeps mentioning strong points like clear instructions or helpful customer service, it shows consistency. The product or service delivers its expected results because customers have personally seen its performance.
Reviews Build Faith Through Shared Experience
Reviews gain their strength from the emotional bonds which readers find with each other. Reading about someone else’s experience feels familiar, even if you don’t know them. It’s basic word-of-mouth marketing, like receiving recommendations from a neighbor who has already purchased the item you are considering.
This shared experience has built an informal community of online voices. People rely less on what a brand claims and more on what other users notice. When different reviewers mention similar strengths or small frustrations, it adds authenticity. The story becomes more believable.
Reviews show what other users have experienced, but they do not offer any guidance about what to do. This type of his collective info turns into an important part of how people build trust online. It’s a small thing, but it makes a big difference in how confident we feel about the choices we make.
Balanced Feedback Feels More Honest
A perfect score does not prove that something lacks any imperfections. A combination of positive and less-than-perfect feedback creates a more authentic impression. Small complaints about packaging or delivery delays make glowing reviews sound real. A recent study showed that participants answered honestly instead of trying to make their responses attractive to others.
Most readers know that nothing works flawlessly all the time. People look for reviews which provide both positive and negative aspects because they want to find balanced opinions. Customers can establish realistic purchase expectations through combined information which they can apply before buying. Review systems maintain their value because reviewers maintain honesty in their assessments.
Why Recency and Volume Matter
The best reviews and product ratings are the ones written recently. They reflect how a product or service performs right now, not how it worked a year ago. Things change, materials, delivery services, and even the way companies handle support.
A steady flow of new reviews suggests consistency. When lots of people share their experiences over time, patterns appear. Those patterns tell readers what’s typical, not just what’s possible. It’s the difference between one person’s lucky experience and a reliable average that others can count on.
Quantity matters too. Ten balanced reviews from this month will usually tell more than a single five-star comment from last summer. Together, recency and volume create a clear picture of reliability and quality without relying on assumptions.
Recognising Genuine Reviews
Not every review online is authentic, real, and written by a consumer. Some are written by automated accounts or people hired to post positive comments. Real feedback tends to sound natural and personal. It might mention something specific like the texture of a fabric, how easy the setup was, or whether support staff replied quickly.
Authentic reviews vary in tone and detail. Some are short, others long, some are full of small observations. That mix of styles feels human. On the other hand, copied or fake reviews usually repeat the same phrases or sound overly polished.
Many websites now try to identify and label suspicious posts, but readers can also help by paying attention to repetition, timing, and tone. A quick scan across different platforms usually reveals what’s genuine and what’s not.
Reading Smarter in the Online Marketplace
Reviews have become a solid foundation for how people make decisions online. They give an honest view of how something performs beyond what’s written on the label. Every comment, short or long, adds another piece to the puzzle.
More than that, reviews show how businesses handle problems, how quickly they respond, and whether they follow through on promises. They offer accountability in a world where shoppers and sellers rarely meet face to face.
Reading a handful of reviews won’t guarantee a perfect experience, but it provides helpful context. It shows what’s typical and helps people make choices with more confidence. In an online world full of noise, reviews remain one of the easiest and most reliable ways to learn from others.