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Why Germany Lost World War I

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  Erich Ludendorff This is a summary of the reasons Germany lost World War I. The Allies, sometimes called the  Entente,  was the alliance of France, Russia, and England, later including the United States. INTRODUCTION   Before the war began, Germany could be optimistic about its prospects. The German economy, based on new technology and manufacturing (steel and chemicals), was the largest and most modern in Europe. The two largest manufacturers of heavy artillery were in Germany (Krupp) and Austria-Hungary (Skoda). Germany had the best army in Europe and a detailed strategic plan to quickly win the war.   What Germany lacked was the national resources to win a long war of attrition. The new weapons produce by industrialized countries tended to give defensive  positions with machine guns and barbed wire an advantage over massed infantry attacks. Kaiser Wilhelm’s bombasts and threats had alienated Europe and created enemies. Germany’s only major ally, Austri...

American Tariffs and the U.S. Economic War with China

    SUMMARY AND UPDATE (12/2025) America's trade deficit was $918 billion in 2024. It is expected to be higher in 2025. China's goods trade surplus in 2024 was just under $1 trillion; based on the first eleven months of 2025, it will be over $1 trillion in 2025. The sharp decrease in exports to the United States has been less than China's increase in exports to the rest of the world. Exports to countries in Asia and Africa were substantially higher . President Trump has partially rescinded the U.S. ban on exporting high-end Nvidia chips to China. The price is that Nvidia has to give part of the sales revenue on these chips to the U.S. government. Trump is negotiating similar deals with the other American chip designers and producers.   TRUMP'S TARIFF STRATEGY The Trump tariff offensive is couched in domestic economic terms and objectives – to reduce the trade deficit, to reduce the fiscal deficit, and to increase domestic manufacturing, especially in technologies with ...