The U
You're the most powerful nation on Earth and proud of it.
A small Island nation that pretends to be a great empire kicks you out of a territory your grandfathers took from a very old, formerly very real empire.
And you just let them have it?
Not a chance in hell. Once Japan starts a war, any war, nothing short of going back to their 1919 situation will do, and thats if the Americans are felling generous.
To come back to the OP a little bit, what if Hirohito and the Imperial Japanese armed forces heed Yamato's warning "I can run wild for six months … after that, I have no expectation of success"? They take the Philippines and immediately after send a peace treaty offer to Washington and Australia? Something along the lines of:
1) Japan will immediately return all captured US troops
2) Japan and the US will stay on their own side of the International Date Line
3) Japan will have free reign on the mainland (including the Malay peninsula / Singapore), and Indonesia is now "neutral zone" with Australia?
I'm not sure the Aussies would be happy, but I think the US would take it. Gives the US time to beef up Pacific defenses, while fully concentrating on Europe.
You're the most powerful nation on Earth and proud of it.
A small Island nation that pretends to be a great empire kicks you out of a territory your grandfathers took from a very old, formerly very real empire.
And you just let them have it?
Not a chance in hell. Once Japan starts a war, any war, nothing short of going back to their 1919 situation will do, and thats if the Americans are felling generous.