The Joseph Cycle and the Singapore Success Story
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The Joseph Cycle is also known as the 14-Year Cycle. It has 2 phases, i.e. 7-year Bull Run and 7-year Bear Run.
The first time I read the book, I was very amazed and impressed that Singapore has so much foresight, vision and leadership capabilities. In Chapter 8 of the book, significant events in Singapore were traced and mapped into the Joseph Cycle from 1987 to 2003. Coincidentally, most significant events fall into the 14 year cycle. Eg.:
1. In 1990, PM Lee Kuan Yew handed over leadership to Mr Goh Chok Tong. This occurred in the early phase of the 1988-1994 Bull Run.
2. In 2003, after 14 years of leadership, PM Goh announced BG Lee Hsien Loong as his successor.
3. PM Lee took over in 2004, which is 14 years after 1990. This occurred in the early phase of the 2002 Bull Run.
4. MRT and CPF cut occurred after the cycle bottom.
5. Property curb in 1996 occurred after the cycle top.
"Did they work with the Cycle or was the Cycle working without their awareness?”, the author remarked.
I also started to question are they working with the Cycle again, knowing the Bull Run will end in 2008 and the Bear Run of 7 years are due to come, when so much future events were planned, such as:
1. The 2 Integrated Resorts
2. F1 Race
3. Youth Olympic Games.
Hmmm, it's all about timing, the right time!
“We can never predict the future. But with Cycles we can anticipate the safe times and the dangerous times, the moment to take risk and the moment to conserve. The Joseph Cycle is a way to be wealthy, a method to protect wealth and a tool for survival.” quote from The Joseph Cycle.
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