Skip to main content

Day 5: Temples, subaks, UNESCO

We went to a couple of temples and the famous UNESCO world heritage site in Jatiluwih. 
Beautiful terraces at Jatiluwih, part of UNESCO World Heritage Site

Wiwik, who was part of getting the rice terraces of Bali to become a world heritage site, and her students, took us through some of the concepts of water temples:
  • The first temple we went to was a disease temple. It was a supporting temple for the main temple. Its purpose is to cleanse people of illnesses.
    • Legend has it that a king who was sick was healed after getting some water from the area. It was then built to help the surrounding communities get healing
    • A priest will take people through the healing process
  • We went to the main water temple built on the base of the mountain to help farmers not have to go up the mountain to perform rituals
    • We washed our hands, spat out water three times, washed face three times, and the head. This is a sign of giving thanks for the life-giving water
    • One of Wiwik's students explained the concept of Tri Hita Karana: man needs to leave well with his God, environment, and fellow man
  • Afterwards we visited the head of a subak's home:
    • The food was amazing: variety and very tasty
    • We saw the dragonfruit tree, and got some dragon fruit, fresh of the tree
    • Wiwik explained to us the issue with the designation of the WHS
      • Brought in more revenues for farmers, encouraging them to leave their farming and pursue tourism
      • The next generation of young people are not interested in picking up farming
      • Farmers are in a cycle of poverty because of low incomes from rice farming
      • Government policy is usually ineffective: national govt. says one thing, but the district does not implement it
      • More of the rice terraces were being bought up and used for hotels and villas
We had dinner at one place close to Permana, and we discussed what we had enjoyed most, and what we looked forward to the most: I enjoyed the statues, and I look forward to the beach.
It turns out that the animal that has been keeping me awake with screeching sounds is a gecko. It sounded like a giant bird. Well, Sunday says it's just a tiny gecko with a big mouth.


Comments

Popular posts from this blog

On thinking

Why do I believe what I believe? Why are my values what they are? Where do my thoughts come from? Are my ideals 'mine'? The question of thought, is a complex one, not least because thinking is so difficult. Many of us do not think, we take the thoughts of others and use them as the foundations, walls, or thatching of our mental structures. But we rarely think, and deep enough on important matters anyway. Thinking involves the admission that we do not know, an admission coming from a place of humility that we are ignorant and could do better. It does not, as is usually thought, have to be from a place of knowledge, even though knowledge can inform thoughts. If it was, then we would not necessarily be thinking, but just reorganizing previously known ideas. It begins with asking the question, why. Why do we go to school? Why do we marry and have children? Why do we work to earn money in order to buy things? Why do we elect leaders? Why do we go to places of worship and perfo...

Nourishing the soul: Music

This journey called life is both sweet and sad. Days are lonely and dark and cold, at the same time cheery and rich and beautiful. It is a paradox that we struggle with daily, faltering and then getting up and marching on. Music makes the journey more bearable. In that instance when you hear a song that connects you to the infinite, in a way you cannot explain, you transcend your petty grievances against your lover, forget your self-pity. This is one of the greatest gifts from the universe, ability to return to our Source even when we do not understand the words being sung. I do not understand what these two songs say, but they are transcendent.

Analyzing a carry trade proposal: Short USD, go long on bitcoin

I recently completed an assignment for an International Economics Policy class which entailed designing a carry trade. A carry trade is a financial transaction that involves borrowing (short) in a low interest currency, and lending (go long) in a high interest (yield) currency. For instance from Bloomberg 's rates for bonds, this would involve borrowing in Swiss francs (rate is -0.15 percent) and lend in New Zealand dollars (rate is 2.83 percent). All else remaining equal, the carry trade would yield a rate differential of 2.83+0.15 = 2.98 percent. Note: this is an unusual case where the interest rate we are borrowing from is negative; usually, this would involve subtracting the first interest rate from the second. For instance, borrowing in Japanese yen (0.04 percent) and lending in Kiwi dollars (at 2.83 percent) would yield 2.79 percent as profit. My carry trade in this case involves borrowing in USD at a rate of 2.33 percent, and buying bitcoins. But, what, you may ask, is the...