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Suppose the battle of Caporetto is slightly worse for the Italians and after some FUBAR action in the Italian High Command, the Italian government panics and requests an armistice in late 1917/early 1918? What kind of effects does this have on the Entente, assuming it could happen for real? How would they deal with loss of their ally and the appearance of additional German and Austro-Hungarian troops? Would they set out feelers for peace or not? If not, how will 1918 be?

Discuss :).
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