So assuming World War II is avoided because the Nazis do not come to power and the allies allow a gradual lessening of Versailles effects in order to ensure German stability and solvency (so that they're capable of paying their indemnities), what is the effect this has on Europe? I personally expect the empires to keep stumbling on for a few more decades till the whole house of cards to collapse. Germany has a lot of potential here though. They are probably big winners long term when they recover from Versailles. France is also way better off long term.