WI: No World War Two?

As the thread title says: What if there was no Second World War? And by Second World War, I mean that there can't be any kind of major European conflict in the period 1930-1960, nor can there be a major conflict between Japan and European states or the United States, which pretty much necessitates eliminating Japanese movement into China, at least past Manchuria. You are free to pursue any post-Armistice POD to achieve this, including modifying the outcome of the Treaty of Versailles. Preferably, you would butterfly or eliminate the existence of revanchist regimes such as Hitler's or Mussolini's altogether.

Now, the details I'm interested in here are:
1) What does the world economy look like up to 1960 or beyond? Who are the major players, what do the individual economies look like? Obviously, the US is going to be worse off than in OTL relative to everyone else, but how much worse? Is it enough to get more liberal policies in place in this period?

2) What does the political scene look like? Is decolonization starting to gear up by the late '50s? Is there a multipolar, bipolar, or unipolar world? Has China stabilized and unified? What are the major powers?

3) What does the military look like? Are nukes around? Jet airplanes are around, right? What about primitive ICBMs or IRBMs? Assault rifles? The idea of a main battle tank?

So...anyone got any ideas?
 
No WWI is pretty much the only POD. Ofcourse, you'd need no Austria Hungary for that...

Not sure even that would help as all WWI did was replace one set of unavoidable tensions with another. We'd need a POD which meant that the unresolved post-Armistice issues led to a cold war situation rather than a worldwide conflict. Would it be enough just to keep Germany under indecisive coalition governments for a few more years? So...

late 1930s - Appeasement focussed on placating Italy (with knock-on consequences for the Balkans, depending on their demands)

1940s - USA, Japan, China and Russia all amazingly balanced and diplomatic enough to avoid major conflicts with one another. How exactly would a lack of fighting in Europe affect their foreign policy and resources? What's Britain up to these days?

1950s onward - no Iron Curtain! Or would Eastern Europe fall into the Russian sphere of influence anyway? Not to mention Germany remaining a single country and possibly no formation of the EU.

All a bit mind-boggling, I get a little lost outside of Western Europe.
 
Not sure even that would help as all WWI did was replace one set of unavoidable tensions with another. We'd need a POD which meant that the unresolved post-Armistice issues led to a cold war situation rather than a worldwide conflict. Would it be enough just to keep Germany under indecisive coalition governments for a few more years? So...

late 1930s - Appeasement focussed on placating Italy (with knock-on consequences for the Balkans, depending on their demands)
Actually, it might work better if the League of Nations had actually STOPPED Italy.

If Hitler got the idea that the world community wasn't just going to roll over and aquiesce to his schemes; if the Western democracies realized that military action was occasionally going to be needed and built up their forces earlier; then we could have a nasty but shortish European war (plus a Pacific war, of course) that never became a WWII.

A few successes for the League of Nations (followed by a redesign to fix the problems evidenced by the 'close calls') would help. You might be able to string things out until nuclear weapons appear (probably in the '50s), at which point it gets too costly for major powers to directly fight each other.
 
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