Its never too late to back out, just look at the Soviet Union, they were one of the most stable collectives in the world, up until they weren't. The UK never used the Euro though, the EU can be successful with trade partnerships and strengthening relationships, but all those countries under a single currency, I dont see lasting. It works if every country acts fiscally responsible, but when has that ever happened?
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oh yes. their economy is doing well, you know (sarcasm). You can't compare Soviet Union with EU. totally different political and economic systems.