"Taken as a whole, these Nazi achievements are a farrago of economic absurdities. For seven years I had to struggle with all these ignorant and incapable men. It is a waste of time to discuss their stupid projects or refute their specious arguments. In fact, the Nazi regime has ruined German industry. All the above-mentioned experiments with artificial products will become useless as soon as international trade is restored. Then Germany will have on her hands immense plants which have swallowed billions of marks and there will be nothing to do but turn them over to the wreckers. Industries which no longer have enough money to follow technical progress and to keep their equipment up-to-date are in an unfavourable position compared with foreign competition, especially in America."