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Let's say the Germans manage to win a limited victory in Europe similarly to IOTL but is unable to knock out the UK and is forced to sign a peace treaty with it. By that time, the Allies have already liberated the Ethiopian Empire and taken Libya whilst slowly taking the rest of the Vichy French colonial empire. The Western Allies are forced into Africa (and the Middle East) where they focus on consolidating their power and preparing to strike back at the Germans.

What would be the effects of such a scenario? How plausible is this scenario?
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