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alternatehistory.com
The world seemed to have failed to reach stability after Italy's strikes Yugoslavia and Stalin's war to regain Russian territory lost after the end of the civil war. The Peace conference did see the USSR continuing to hold the eastern Ukraine but there was much dissatisfaction in the Soviet state. Stalin only held onto power due to the terror that the Secret Police was able to maintain but there were growing elements in the Red Army that have had it with the poor conditions in the country. Things were that Stalin finally realized that changes were going to have to be made if the Soviet state was to survive.
Meanwhile actions taken by the French seem to be pushing the world closer to another war. The French government seemed to be so fixated with a German threat that they failed to realize that there very actions were pushing the Germans to take action against them. Kaiser Louis Frederick had been trying to rebuild the country and to make the lives of the German people and its allies better. The Germans were attempting to use their growing economic muscle to shape the world to suit them..
Now as the 1940's were beginning Germany had been busy building a more moble army. Germay was now massively expanding its military as its leaders could see the handwriting on the wall. Either Germany must be prepared to wage a Blitzkrieg war or it would see another war on the order of Kaiser Wihelm II.
Germany had been assisting the Modernization of the Austrian Army and its integration into the new Central Powers Alliance. The Hungarians also received tanks and equipment from Germany.