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After a series of brutal failures in the winter of 39-40, the Red Army regrouped for a new offensive in early 1940, which badly damaged Finnish forces and pushed them to the brink of collapse. However, in March 1940 the Soviet Union agreed to a peace treaty which, while harsh, allowed Finland to keep it's independence and maintain a strong military. My question is, why did the Soviet Union decide to make peace when it seemed to be on the verge of total victory? I have my own theories, but I was wondering if anyone had a more concrete explanation?
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