Country Economic Forecasts

How will countries cope with recession (depression) and who will emerge from it first.  Some examples are set out below:

CountryCreatedChinese YearForecast
Canada 1867 Year of the Fire RabbitIntuitive, affectionate and temperamental.  After an awkward year in 2009 the year of the Tiger (2010) will suit Canada well.  This will be the first country to emerge from the recession, and its progress will continue unabated in the Year of the Hare (Rabbit) in 2011.
China1949 Year of the Earth OxSlow but sure, purposeful and determined, China will have an awkward time in the year of the Fire Tiger (2010).  It will continue to lose money in the Year of the Hare (Rabbit) (2011) but it will be a slight improvement over 2010.
France1958 Year of the Earth DogIdealistic, practical and slightly neurotic.  There will be little change in the year of the Tiger (2010) from the events that characterised France in the year of the Ox.  But in the year of the Hare or Rabbit (2011) France will enjoy some luck with new business ventures that will start to raise French hopes.
Germany1945 Year of the Wood CockerelIndustrious, organised and enthusiastic.  In the year of the Tiger (2010) despite the downturn Germany's business a  nd industry will adapt and develop well.  But high unemployment will lead to considerable political unrest - probably violent.  In the year of the Hare (Rabbit) (2011) there will be a sharp deterioration in Germany's finances leading to calls for the abolition of the Euro.
Hong Kong1842 Year of the Water TigerObjective, receptive, business dealer.  After a tricky year in 2009 matters will improve in the Year of the Tiger, and again in the Year of the Hare (Rabbit).  But the Year of the Tiger will see a sharp deterioration in Hong Kong's financial market, and conflict with Beijing.
Israel1948 Year of the Earth RatInnovative, progressive, wealth creator.  Israel will not be greatly affected by the economic downturn provided that in 2010 it avoids risky decisions.  Indeed the Year of the Hare (Rabbit) in 2011 will be a comfortable period in Israel's economic history.
Japan1945 Year of the Wood CockerelIndustrious, organised and enthusiastic.  In the year of the Tiger (2010) despite the downturn Japan's business and industry will adapt and develop well.  But high unemployment will lead to considerable political unrest - probably violent, and defence expenditure will rise.
Russia1917 Year of the Fire SnakeEnergetic, passionate, controlling and cruel.  Russia will face a tough time in the Year of the Tiger followed by a slight improvement in the Year of the Hare (Rabbit) in 2011.  But the country will face a sharp deterioration in the Year of the Dragon, and a significant change of direction.
United Kingdom1660 Year of the Metal RatStubborn, idealistic, creative and practical.  Within the context of the economic environment the Year of the Tiger will be neither the best nor the worst year of the recession.  There will be little change in the Year of the Hare (Rabbit) (2011) but the econmy will improve markedly in the Year of the Dragon (2012).
U.S.A1776 Year of the Fire MonkeyInnovative, aggressive, with business acumen.  Despite the best efforts of its new President, the USA will suffer from a very unpleasant year (2010) both militarily and economically.  Matters will slowly improve in the Year of the Hare (Rabbit) in 2011 - but the improvement will be barely noticeable.  Nor will the Year of the Dragon (2012) make much difference.