Global Economy Still In Crisis ::: March 24, 2011

Warren Buffett told CNBC today that the collapse of the euro ... is far from "unthinkable."

The price of oil is still way up there ...

The worst Texas drought in 44 years is damaging the state’s wheat crop and forcing ranchers to reduce cattle herds, as rising demand for U.S. food sends grain and meat prices higher ...

The Obama administration is trying to dissuade other countries from imposing export bans and other measures that were blamed for fueling food price spikes in 2008.

And, just in case you were beginning to believe a "recovery" was in progress, home sales and prices plummeted last month, according to data released Wednesday by the U.S. Census Bureau.

Owch!