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I'm working on a Central Powers victory TL (look, I know it's old, but I'm a relative newcomer. Give me some time to work through all the tired old tropes) and I was wondering if my current basic scenario is even a bit realistic: I have Italy stay out of the war until 1917 when they join on the side of the Central Powers after Brest-Litovsk and the show of German strength. The US stays out of the war permanently, and cuts economic ties with the Entente at the same time as Italy joins the war.

The weak parts are a) Italy joining the war on the side of Austria-Hungary and b) the US totally abandoning the Entente. Is it possible for the US to start selling weapons to the Central Powers when the balance of power shifts?

Also notable: submarine warfare is kept somewhat restricted, as Germany isn't quite feeling such a pinch thanks to trade with Italy.
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