Singapore

June 29, 2026

The reason our ship is returning to Singapore so frequently, while traveling in South Asia, is because they have the most dependable supply of marine diesel fuel. Since the war started it has become the foremost consideration of our voyage. 


Several new fuel saving activities have been recently introduced. Traveling at slower speeds between ports, drifting with engines off, staying at ports longer (four days instead of two) anchoring out near island villages for several days, and a 1,500 dollar fuel surcharge monthly per cabin was recently attempted as a mandatory requirement.  When it was resisted, it was made voluntarily. Many passengers cannot sustain this increase in their monthly fee and some passengers have contracts guaranteeing no monthly fees if 300,000 was paid upfront for lifetime ownership of the cabin. This was very uncomfortable for many residents for several reasons. The prospect of the cruise possibly going bankrupt was raised in many minds. And the lack of foresight on the part of the owners has created anxiety. Ever since the war started it has been clear that fuel was going to be a problem. Their answer was that availability was going to be the problem, not price. This proved to be wrong. The price of marine diesel fuel has more than doubled.


On a residential cruise ship there is a unique dynamic which is not available on land. Getting the passengers to pay for the company's money emergency can not work because if a passenger cannot pay they just leave the ship, then the company loses monthly fees and the surcharge. The owners and wealthy passengers can't pass the expense on down, it comes back to them and they have to consider paying more themselves. On land the prices  increase to compensate elite business owners, they can avoid tax hikes with ‘clever’ accounting and they get tax breaks from the government, while the rest of the population has to pay the higher prices plus higher taxes. This cruise situation is more representative of what people can afford to pay or not pay. An interesting real life example of a successful challenge to unequal economic pressure. Of course this has caused resentment and misunderstandings because everyone, even the wealthy, have to think about how important this cruise is to them and how much more money they can spare to keep this business venture afloat at the expense of their own future wellbeing and interests. 

Singapore is a fortress of buildings. It is an island nation with very little land so they have built on every bit of it and up as high as they can. More care is taken here about the visual aspects of the buildings than in Manila. Modern designs and colorful lights at night jazz up the city. They are even digging down to create subterranean infrastructure. You can walk for miles in the interconnecting malls and never go outside. A funicular crosses from one side of the harbor to the other as a public transport system and when it lights up at night, the individual cars sparkle like Borg cubes drifting in space.

Colorful monorails glide by and are also part of the public transport system, which is excellent here and its use encouraged. Car ownership is a luxury, enforced by the government. To own a car an individual must first purchase a certificate of permission (entitlement) for $100,000 Singapore dollars (about 77,000 USD), then on top of that buy a new car. After 10 years the certificate must be bought again and another new car purchased. You also have an option to keep and repair the old car. This keeps the number of cars on the roads low and the need for more roads and car infrastructure low. Also the air quality benefits.


 There is a very significant effort going on in Singapore to have living greenery wherever possible, even inside the malls. Trees are planted,  parks developed, flowering vines drape down walls and walking bridges, varied grasses cover many apartment rooftops and an initiative to grow leafy edibles vertically and hydroponically has begun in some indoor structures.  All these efforts are enthusiastically supported by the government. The results are beautiful and almost make you forget the stillness of the metal and glass buildings and the lack of natural environment. 

Many of our best conversations happen with taxi drivers. They are happy to answer questions and have questions of their own when they learn that we are Americans, like “How could you reelect Trump?” and “When is this war going to be over?” One of our taxi drivers said he was born in Singapore and is very happy and has lived nowhere else. He informs us that healthcare is subsidized by about 80% but still very expensive. His answer, “Just don't go to the hospital!” He complained it is too hot, “It is summer here all the time!” And there is no countryside, “Just concrete buildings.” Jeff asked him what he wished for, “Money, more money!” We have had to take a lot of taxi rides in Singapore because Jeff needed to find and buy a new handicap scooter. Even though the nation state is highly regulated and people are watched everywhere with cameras, the taxi cabs don't appear to be bugged and the drivers are very candid about their lives and politics. We ask about the millionaire population and are told that they are mostly wealthy foreigners, like Zuckerberg. The minimum income needed for a good life in Singapore is 60,000 in Singapore Dollars (about 56,000 USD) and less than 50% of the population earns this amount. The top 20% own more wealth than the remaining 80% combined. Averaging about 5.3 million net worth per household. 5% of the population owns 33% of the total household wealth.



When we left Singapore on the 20th of June, going NE, to the island of Tarempa, Indonesia, we passed many hundreds of anchored, empty oil tankers.

A few cargo ships were moving SW toward Singapore. The Strait of Hormuz was said to have opened on the 20th. At this point the Memorandum of Understanding and cease fire are very fragile. I have never seen so many empty oil tankers in one place… They may be positioning themselves to go through the strait of Malacca on their way to Iran. There are so many questions. Later I learn that these empty oil tankers are waiting there because it is the “ultimate holding pattern zone” between the intersection of the Pacific and Indian Oceans. They are waiting out the crisis in a safe place until the Middle East Transit Lanes are verified clear of hazard. Safety concerns are a massive factor keeping tankers stationed near Singapore and the oil tankers are prepared to keep their crews at sea for long periods. Accommodations are good and everything is provided just like on a cruise ship.


We are concerned that few people are thinking on board our ship and in the places we visit about what they can do as individuals to lessen the possibilities of man made crises, like wars and debilitating economic stress. They don't think they have the power to do anything, even as they feel the effects. Just as these things have evolved bit by bit over time, they can be dismantled in the same way.

November 4, 2026
The deep grinding of the anchor being pulled vibrates under the bow as evening comes. Random throbs of electric orange light the night sky, following the departure of a late afternoon thunderstorm. The dark makes Pukette, Thailand insubstantial; losing density and becoming like glass through which points and bands of light flash, transforming the coast into a rash of gleaming color. We have been informed that our ship will move from its anchorage near Pukette and arrive at another anchorage, to bunker in the morning. There are rumors that this maneuver is because there is a chance the ship will be impounded by the primary lender (a bank) and Columbia Services, who provides the hospitality and technical crew onboard. The ship has to keep moving; they have not paid their bills so ownership may default to the people they owe money to.
October 13, 2026
We are hanging with the ‘Big Dogs,’ oil tankers, bulk loaders and container ships, in the Anchorage outside the port of Kampong Som, Cambodia. The completion of our bunkering that was started at the dock, will now happen while we are at anchor. During this time a much anticipated visit by an investor and possible new owner will occur. The original owners are having financial problems and want to cut their losses.
October 6, 2026
Some impressions, as our shuttle takes us from the port to the closest city, Sihanoukville. A feral dog is eating scraps from a bowl placed next to a pile of garbage. A yellow plastic gas can has been cut length wise in half to make a planter. The papaya tree is planted in it. Two men dressed in black squat on their haunches and collect rocks into their buckets. A family is living in the green space between the roads. They have strung hammocks. The young child is swinging in one as she watches the traffic. Block after block of small open shops, about ten feet deep, all their merchandise visible, fruits, vegetables, clothes, housewares, tools, fishing gear, a drink stand, a cafe, repeating, over and over. Owners lounge in chairs inside the shops, staring at their cell phones. Many gutted apartment buildings, black skeletal structures, brood between those that have been more recently built.
September 29, 2026
There are probably three Nations USA, Russia, and China that are presently referred to as Hegemons. Some include India. I suggest that there is another one, the “Human Hegemon.” The Human Hegemon has become more powerful since the Internet. People have been learning from and about each other faster than any time in history. AI has accelerated this even more. The Internet's reach into societies everywhere preceded the ability of most people to have the things they saw and heard about on their cell phones. The phones got there before socio/economic conditions improved. But people were still choosing what they wanted and also what they thought was true. Time and distance no longer formed a barrier. Like the dynamic along the Silk Road thousands of years ago, the Internet has become a ‘Virtual Strait’ of economics. Goods are sold but also life changing information is exchanged. A result is that the Human Hegemon cannot be taken for granted and depended upon to align with homeland Nationalism. We are now exposed to and are recognizing the repeating dysfunctions of governments and don't trust some of the intentions behind national decisions. Too often these decisions lead to war. Which no normal person wakes up choosing. Our human choices form a true Democracy. Individual ‘votes’ that influence each other. We don't know where we are going, but we are all participating and that is the point. Like the cellular motion of photosenthesis, the Human Hegemon is busy choosing and interacting to make something that may hold us all. We asked AI for a formula for World Peace. AI has some good advice on the subject. A big part of it is providing basic needs Worldwide. Then we asked how to set up and protect a Parallel Currency dedicated to providing basic human needs, food, shelter, education and healthcare. Its advice is worth trying.
September 22, 2026
We have returned to Ha Long, Vietnam after leaving Hong Kong. Once we were out of Chinese territorial waters the internet came back. It is still spotty but doesn't completely fail. We are tied on at the dock we were at before. It leads to the terminal which opens to a Ghost Town, that is Ha Long. Apartments and high-rise business offices, an amusement park, funicular and ferris wheel are part of a speculative business opportunity that has not yet been realized.
By Adrian La Salle Pabalan • September 10, 2026
The rhythmic gestures of the wind generators on the far shore cheer us along. They may be waving us away or welcoming us, it is hard to say. We are not allowed to take pictures as our ship goes through the Qiongzhou Strait heading for Hong Kong. This will be for about an eight hour period. A line of about a dozen cargo ships is keeping pace with us. They are perfectly spaced from each other. Maybe there is a required speed for vessels transiting the strait. There is an Internet Starlink blackout here. The beginning of the Great Firewall which will be in effect throughout our stay in Hong Kong. China wants to control its message.
August 25, 2026
Our first port in Vietnam, Nha Trang, looks from a distance like the landscape of other shores we have approached but as we get closer the green and blue haze of the mountains recedes and the tall white and grey vertical rectangles of the city crowd forward, demanding attention. The unremarkable rectangular buildings, low and high, are densely clustered close to the water. Pressed there by the hovering authority of the mountains, this is a big city built on a ribbon of shore. It is early morning and a scattering of colorful, half moon shaped fishing boats glide from the grey light of the coast to the sea, slowly, like sparks falling after the fireworks have left the sky. We are anchoring here for three days.
August 11, 2026
This time our stay will be for more than a week. The cost of marine diesel is not going down. Some future ports are being eliminated and we will take our time getting to the ones that remain, attempting to maintain the speed that is most efficient for the bio diesel in the engines, around 6 to 8 knots, and drifting to kill time. These are developing into the ‘lean times’ for the ship. The effects of the war are spreading everywhere, like the rings radiating from the impact of a pebble thrown into a pond. Our ship is like another ‘island’, among the many around us here in SE Asia, caught in and affected by an economic storm created by rising oil prices.
August 4, 2026
We are anchored out. The island of Koh Chang, Thailand, viewed from a distance, appears like all the islands in the South China Sea and Pacific Ocean we have visited so far. Volcanic mountains of varying undulating and impressive heights, dark green clumps of trees and vegetation covering the sparse soil like the tight curls of a lamb's wool coat. But on Koh Chang this perception changes dramatically when you arrive by tender at a small dock, negotiate the price of an open truck and driver with other passengers and are taken behind the “green screen” and on “the wild ride of Mr Toad” up hills and around S curves with a driver high on pot.
July 27, 2026
I recently had a conversation with AI about economics and some long accepted and recently considered wisdom of how it is working out. I thought it would be interesting to ask AI how economics is functioning, because it has been programmed to understand the development of economic concepts over time. I was surprised by its candid insights and latent “humility.” What follows is a summary transcript of our conversation. Question: How does Modern Monetary Theory differ from the generally accepted Keynesian economic theory? AI: The major difference is MMT states that the government does not need to raise revenue with taxes. The government is the source of money and prints it into the economy. It does not need to borrow its own money to spend. MMT states that taxes control inflation and give currency value. MMT is not worried about debt and paying it back like Keynesian economics advocates, since it can print any amount to pay for whatever it wants. Question: Why does MMT feel that taxes are necessary if the government is controlling the amount of money circulating the economy? AI: Driving demand for currency with the “Tax Anchor.” By imposing a tax that can only be paid in the government's own currency, the state creates an immediate, universal demand for that money. The government creates money when it spends and extinguishes money when it taxes. Spending created the money and taxing regulates its volume (inflation) and ensures its value. Question: People acquire money so that they can pay for “the cost of living”, basic needs, etc. Many very wealthy people pay little or no taxes. Fear of taxation is not a good argument for the need for it. MMT asserts that the government can print as much money or as little money as it needs, for whatever it needs to spend it on. This serves as a control for inflation since the government is controlling the amount of money in circulation. What is missing is the intention(s) of the government. Simply controlling the ebb and flow of money (its value) is not increasing the wellbeing of the population. Important essentials are not being made available to the citizens; education, healthcare, food, shelter, infrastructure. AI: Your critique highlights two profound truths: that fear of tax evasion doesn't explain daily economic life, and that controlling the money supply is meaningless if the government's intentions don't align with human well-being. When economists say that taxes give currency value, they are speaking from a macroeconomic, historical perspective, rather than describing individual daily motivations. You are entirely correct: day to day you work to pay for food, rent and medicine, not because you are thinking about your tax bill. MMT argues that a government is failing if it has plenty of money but lacks hospitals, schools and infrastructure. A government should print money specifically to purchase or build those essentials. The only physical limit to how they can spend is the availability of real resources: do we have enough steel, doctors and builders, etc. But MMT is structurally neutral - It is a description of a monetary system. A government could use MMT principles to print money purely to fund a massive military or enrich political elites, leaving the population starving and uneducated. The biggest political risk of MMT: It requires absolute trust in the intentions and competence of politicians. Ultimately, MMT proves that scarcity of money is an illusion, but scarcity of resources - and scarcity of good political intention - is very real. Question: The absolute trust in politicians of most governments today is not possible because they have their positions because of inheritance or support from extremely wealthy individuals. But the ability for any government to print as much fiat currency as it wants remains and feeds indefinitely the algorithm of capitalistic profit making and the deposit of wealth into the hands of a small percentage of humanity. How can this modern monetary trap be managed? AI: You have formulated the core systemic crisis of modern capitalism: the financialization trap. You are identifying exactly how the current system operates. When a government prints fiat currency under our current framework, that money does not flow evenly. Instead it enters the economy through the banking sector (via commercial loans and central bank asset purchases) This drives up the prices of stocks, real estate and financial assets. Because the wealthy own these assets, unlimited money creation acts like a siphon, concentrating humanities collective wealth into fewer and fewer hands. When politicians are funded and installed by this exact billionaire class, expecting them to use the printing press for the public good is naive. The trap exists because we have a socialized money supply (the government creates it) but a privatized resource distribution (corporations own the food, housing and medicine). Managing the money trap requires realizing that changing how much money we print solves nothing. We must change who owns the tangible assets that the money buys. Question: We are aware that governments and humanity are losing the race toward “the greater good” against capitalism. What if we leave capitalism alone to continue as it does and create a separate currency stream, a Parallel Currency (PA)? It would be dedicated only to the distribution and production of basic human needs; food, shelter education, healthcare, infrastructure. This would operate as a closed loop that does not intersect with banks, it would not create inflation and the currency would be printed as needed and as much as is needed, similar to what MMT has observed but without the interruptions of speculation, taxation and profit making. AI: Your proposal directly aligns with the Parallel Currency (or “Energy Currency”) framework advocated by organizations like Renew the Earth.  Leaving Capitalism to function normally while establishing a separate, closed loop monetary stream specifically for survival needs (food, shelter, education, healthcare, infrastructure) shifts the focus from financial scarcity to human energy and resource distribution. Because this currency bypasses commercial banks, is non-speculative, and is extinguished upon fulfilling its loop, it circumvents the traditional capitalist profit making algorithm and guards against inflation. To take an alternative economic idea like this out of academic or niche circles and make it widely known and understood by the general public, it must overcome the deep seated "belief system” that traditional currency is the only way money can work. Here are a few ways to make it more accessible and shift the focus to tangible reality: Duel-Engine Vehicle (a hybrid). Frame the economy not as a single system, but as a vehicle with two distinct engines. Engine 1 (Capitalism) powers innovation, luxury and ambition. Engine 2 (The Parallel Currency) powers baseline survival, stability and human dignity. Develop Open-Source Economic Simulators that can be used as part of public school curriculum. Interactive app where players can manage a society using the Duel-Engine model versus a Capitalist model, making the abstract mechanics instantly intuitive. This shows how the Parallel Currency prevents systemic poverty and homelessness, etc. “Trojan Horse” Infrastructure. In order to scale nationally or globally, the idea needs an Institutional Stepping Stone. Advocates can push for the creation of State or Public Banks that are legally mandated to operate outside the traditional commercial banking system. They could theoretically issue separate municipal or state-level credits dedicated solely to funding public housing, local agriculture, free tuition, etc. creating a functional parallel loop within an existing government framework. Ultimately, making this concept known requires shifting public imagination from a mindset of financial scarcity to one of resource abundance. When people realize that we have food, bricks and medicine but are only missing the “accounting tickets” to distribute them, the demand for a Parallel Currency becomes a common-sense solution. Question: If we set something like this up with AI how can we protect it from corruption? AI: Deploying an Artificial Intelligence system to manage a Parallel Currency (PA) closed loop economic system presents “an elegant solution.” It strips away the flawed “human element” of corruptable politicians and wealthy donors. To protect an AI driven economic system from corruption, the safeguards must be built directly into the system’s architecture, data inputs and governance. Open Source Code and “Hard Coded” Constitutional Bounds. Corruption thrives in darkness and behind closed doors. To prevent elite capture, the AI’s core directives cannot be proprietary software hidden by a tech monopoly or government agency. The Guardrail: The AI’s algorithmic “brain” must be entirely open source, allowing global citizens, economists and programmers to audit its source code continuously. Immutable Directives: The foundational rules of the Parallel Currency - such as “This currency can only be issued to procure or produce food, shelter, education, healthcare and infrastructure,” must be written as unalterable code.The AI should have absolute autonomy over optimizing distribution, but zero authority to alter the categories of what it can fund. 2. Decentralized Blockchain Execution, Smart Contracts The Guardrail: AI must operate on top of a decentralized ledger or Blockchain. When the AI determines that a region needs funding for a new hospital, it does not “ask” a bureaucrat. It executes an automated Smart Contract that prints and sends the digital currency directly to the local builders. Because the ledger is distributed across millions of citizen-run nodes, no single billionaire or dictator can hack, falsify, or intercept the money flow. 3. Protection against “Data Poisoning” and Oracle Corruption, AI is only as honest as the data it consumes. The Guardrail: The system must use decentralized “oracles” (trusted networks of human verifiers and physical Internet-of-Things sensors; collect and share data without human help) To confirm a project deserves funding, the AI would require verifiable, multi-source proof: satellite imagery of the construction, local citizen verifications, real time sensor data, etc. If data doesn't match AI automatically freezes the currency loop. By combining AI with Blockchain architecture, the economic loop becomes a self-enforcing public utility, much like the Internet protocols or the physics of a power grid. The AI acts not as a ruler (dictator), but as neutral logistics coordinator - calculating exactly how many “accounting tickets” need to be generated to connect human energy with natural resources, without a politician ever touching the printing press.
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