Philips has blamed “poor consumer sentiment” for limiting its plans for growth. Gerard Kleisterlee, Philips’ CEO, told the Financial Times (16 June page 21) that “Europe is suffering from a weakened consumer retail environment”. Wrong, Mr K. Europe is not suffering, it is recovering from the false consciousness peddled by your company. You have been trying to foist the consumer electronic equivalent of SUVs onto us – but we don’t need them, and will not buy them.