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by spangry 3803 days ago
I guess the Allies also learned from previous experience (the Treaty of Versailles), and thankfully listened to Keynes the second time around: https://en.wikipedia.org/wiki/The_Economic_Consequences_of_t...

"Keynes points to the material violation of the terms regarding reparations, territorial adjustments, and an equitable economic settlement as a blot on the honour of the western allies and a primary cause of a future war. Given that he was writing in 1919, his prediction that the next war would begin twenty years hence had an uncanny accuracy."