In an effort to implement strategic measures that would help stave off the effects of what has become a global credit crisis, European governments began issuing deposit guarantees for banks on Monday, as stocks slid back around the world. Confidence levels are indeed at an all-time low in the wake of the scariest global financial threat in over seventy years. Even as the euro sunk to its lowest level in over a year, a unified strategy has yet to be formed, and countries seem to be dealing with the crisis on an individual level.
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