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Old 06-08-2019, 10:13 AM
PatrickLondon is offline
Join Date: Mar 2015
Location: London
Posts: 3,385
1. They ran a deficit.

2 and 3. Other European countries did re-arm.

4. Mixed. Until mid-1938, many saw their build-up (much of which was concealed and/or disguised) as no more than braggadocio, status assertion and no more than any country was entitled to. Even some of those who sensed their ambitions saw the issue as a matter of hoping the Nazis would fight the "others" (Russians, or Britain and France).

By late 1938, it was clearly a matter of when and how (and against whom), rather than whether, there would be open warfare.