"The working out of a balanced economy throughout Germany to provide the necessary means to pay for approved imports has not been accomplished, although that too is expressly required by the Potsdam Agreement"
- James F. Byrnes
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This quote by James F. Byrnes is describing the Potsdam Agreement, which was a post-World War II contract between the Allied Powers and Germany. The arrangement required Germany to establish a balanced economy in order to pay for approved imports. However, Byrnes is indicating that this requirement has actually not been fulfilled. This recommends that Germany has actually not been able to establish a steady economy, which is required for it to spend for imports. This could be due to a variety of factors, such as an absence of resources or an absence of financial stability. It is clear that Germany has actually not been able to satisfy the requirements of the Potsdam Agreement, which might have serious implications for its economic future.
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