Happy new year, and a few thoughts.

A new year beckons and the outlook for many it seems is quite bleak. With the uncertainty within the eurozone and the likely breakup of this currency it looks like hard times are ahead. Much has been said about David Cameron's so called veto and Britain's supposed isolation from the the EU and the catastrophic impact this is going to have on the UK's economy.

The BBC and many MP's have spoken out against what he did. But the reality of the situation is Britain would be better off out of the EU altogether. The EU as an economic entity is dying and those who believe in this institution are sailing on an ocean liner heading for the rocks, and ultimately disaster.

There are many who believe the EU is a fantastic organisation that has brought much wealth, happiness and stability to Europe. They believe that if we continue pumping money into the euro it will ultimately continue and eventually things will work out okay.

Well here is the reality. In 1973 the western countries of Europe, that is; Britain, Germany, France, Belgium, Holland, Luxembourg, Austria, Italy, Switzerland, Norway, Denmark and various small independent states made up about 36 per cent of the world's GDP. Move forward nearly forty years and the EU (27 nations), that figure has dropped to 24 per cent and by 2020 it is expected to be around 15-18 per cent. So as you can see Europe is becoming less important economically.

In 1973 there were only a few nations which made the majority of goods consumers bought, these were USA, Japan, Britain, Germany, France, Italy and to a lesser degree Canada, Sweden, Holland, etc. Things of course have changed massively. In 1973 The Soviet Bloc existed, so they made nothing of any worth, China was a communist country and made nothing. India and Brazil were third world countries with very little skills. How times have changed; China is now the second largest economy in the world, Brazil has now overtaken the UK and is now the sixth largest economy. India is growing quickly and will soon be an economic superpower. Europe on the other hand is getting smaller economically.

The simple truth is this, our economy is being destroyed by the EU. Regulation upon regulation is piled upon British business every year which hampers growth. Why on earth do we stay within this economic strait jacket is beyond me, it makes no sense!

Until politicans in this country take this problem seriously Britain as an economic power is going to die. Those who argue in favour of continued membership should just read these facts; Norway's per capita GDP is $51,959, almost twice that of the EU. Only 3.6 per cent of Norwegians are unemployed, inflation is 2.6 per cent. As members of the European Free Trade Association, Norwegians enjoy full access to EU markets and do not have to abide by their ridiculous diktats. They are spared the calamities of the Common Agricultural and Fisheries Policies. Norwegians export more per capita to the EU from outside than Britain does from inside; and their trade with the EU is in surplus, while ours is in deficit.

I know the Norwegians have oil, but I could also use Switzerland as an example. There you have some simple truths. We will continue to get lies, lies and more lies from polticians, commentators and certain media outlets about the disaster that will engulf us if we leave. Of course this doesn't stand up to simple scrutiny, and I would quite happily argue my point with anyone who thinks otherwise.