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Let's suppose that Italy never becomes Fascist and remains an ally and member of the "Big Four" Nations.

Hypothetical changes to the timeline (along with a few of my own):

- Spanish Civil War ends with the country splitting in half with Catalan Regions (Catalonia, Aragon, Veracruz, and Balearics) splitting off as a Communist/Republic state
- Italy captures and annexes Axum to intimidate Ethiopia into its sphere of influence. Linking Eritrea and Italian Somaliland
- Italy, being Anti-Communist, captures the Balearics, Ceuta, and Melilla, and extends its own power
- Italy speeds up its Demographic settlement, sending some 3 million Italians to Libya, Eritrea, and Italian Somaliland
- Germany maintains its preference to China over Japan and is forced to find different allies. Hitler pushes off his military plans for some time in the future, especially until after plan Z is completed
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