Yes definitely. Yes, probably, No idea.
The problem with Versailles is not the Treaty, it is that no-one is willing to enforce it. A more lenient treaty will not change anything. It should have been harsher.
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Although I'm far from a booster of Nazism or Militarism in general, I disagree strongly with you. Germany had many, many legitamate beefs with the end of the War and Versailles.
[DISCLAIMER: I'm not an expert, even an "amateur expert", on WWI. My points are based on my general knowledge, so if I get a set of FACTS wrong, I welcome correction (not that I need to worry about it on the AH board...plenty of people have stepped up to the plate to make me look like I flunked 9th Grade History or something lol

)]
First, the Guilt Clause. That's obvious.
Second, as somebody pointed out, the French wanted to "neuter Germany's power forever" I believe the phrasing was. First of all, *IF* France had won the war, once could see their attempts to impose their dominance as legitimate. But France didn't win the First World War anymore than they won the Second. I don't recall any French soldiers on German soil at any point in the war. Germany's loss was largely due to a population bone-weary of war and, especially, the U.S., who saved the Entente's ass in a lot of ways. I think that having a brutal, cruel and unfair peace imposed on you, largely by the shrill screaming of a country that hadn't beaten you, hadn't even come close to beating you, was going to create a lot of very justifiable resentment. There's no excuse for France's actions at Versailles. They're beyond the pail, even the Brits (who suffered extremely along with the French at German hands) saw that, both then, and much more later. The harshness of Versailles could be acceptable if the Kaiserreich had acted as Hitler did, in terms of waging aggressive, cruel war against everybody it saw, but that wasn't the case.
Third, the Occupation of Ruhr. That was an act of utter petty brutality by a nation that supposedly prided itself on it's tradition of culture.
Frankly, I'm suprised that a leader didn't come to power in Germany who sought an alliance with the USSR (the Weimar Republic already had good relations with the Soviets, from what I'm given to understand) and sought to pound the entire nation of France into dust for what it did after the war.
The Treaty of Versailles was, as someone else pointed out, unprecedented in its harshness. I don't want to come off as if I'm bashing France, but the French, to my best knowledge, were the driving force behind the harshness of the Treaty, although the British certainly acted no better.
At the end of the day, the Treaty of Versailles is now rightfully reviled, and I think a strong reason for that is: the British and especially the French used Versailles to try to emasculate a younger rival state in "victory" they didn't really win.
Oh: I'm an American of mixed-European ancestry, not a German or an Austrian or an American of German extraction. Just FYI.