Chart, businesses creations and dissolutions for january : a pause

New company registrations increased last month by 40.5 per cent year on year to 4,644 firms, the highest figure in almost a century, thanks to the government’s stimulus measures and clearer signs of an economic recovery.

Moreover, the number of companies shutting down operations dropped by 5.35 per cent to just 1,238 firms, the lowest in nine years. (Nation)

Difficult to be dumber than Nation. It’s amazing. How they can write such a mountain of crap ?

The fact :
– a century ? In march 2006, a total of 4945 businesses were created. Is it a “century” ?
– nine years ? in august 2008 a total of 1012 businesses were dissolved. Nine years ?

Dumb as dumbass. And those guys are paid. It’s amazing. They’re even unable to go to see the figures published on the website of the Business Development Department.

Here are the charts.

As you can see, the damages were so high in 2009… that a little pause is perfectly normal. It can not be a sign of a change of the trend.

“The rising number of new firms and the drop in collapsed businesses shows the country’s economy is on the rise. More new firms should be seen in the next period, and that will help promote strong economic growth,” Banyong Limprayoonwong, director-general of the Business Development Department, said yesterday.

He forgets that the dissolution of a company can be… a long process. Therefore, we are going to continue to see corpses… Assuming that there won’t be a double-dip recession that would add to the massacre.

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