Economics/Global:

-> After refusing to reduce production during the global recession, Chinese corporations will be be forced to slow production and shutter factories while they try to liquidate inventory.  The ripple effect for materials suppliers may erase any recovery in economies worldwide.

-> The Gulf States will form an Economic Union, with a standard currency.  They will demand that their exports (Oil) be paid for in this currency.

Economics/National:

-> The US Economy will continue bumping along the bottom, but will end the year with 1 or 2% growth.  Unemployment will stabilize in the 10% range, but with no real potential for growth.

-> In media, at least two major US Newspapers will fold. Microsoft will drop out of their partnership in MSNBC. 

-> More Manufacturers and Corporations will leave the US, due to taxes and over regulation.

Economic/Washington State: