As my readers now, I have been declaring recessions and depressions in Europe for some time now, to wit:
- It's Official & As I Foretold Years Ago, Greece Is Now In A True Depression As Reality Hits Greek Banks [5]
- Greece Sneezes, The Euro Dies of Pneumonia! Yeah, Sounds Bombastic, Yet True! [6]
- As the Sell Side and MSM Sing The Praises of European Insurer "Street Cred" [7] and
- When (Not If) Germany Slows, The Whole House Of Cards Collapses!!! [8]
Now there is corroboratig anecdotal evidence coming out of the woodwork: Gartner reports Western Europe desktop shipments down in Q2 2012
[9]Gartner reports Western Europe desktop shipments down, portable PCs up in Q2 2012
As reported by Endgadget [10]:
When it comes to technology and the end of a financial quarter, you can bet your wage there'll be ananalyst report [11] or two letting you what's what. And according to Gartner's [12] latest estimates for Western Europe, PCs didn't fare too well in Q2 of this year, with a 2.4 percent decrease in shipments compared with the same period in 2011.