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What it says on the tin, I'd like realistic answers and debate however. How would this effect Russia, Britain, France, Europe, America and the rest of the world.

Lets assume that the Central Powers wins due to a large rebellion breaking out and distracvting the British in conjunction with Italy joining the Central Powers due to a nasty colonial incident turning public opinion against the French. Lets say Austro-Hungary also offers to sell Trieste to Italy on the condition that they join the war effort and fight Britain.

Lets assume this victory occurs in 1918 to 1920 after France is bled white and surrenders.
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