The world in limbo
From our UK edition
In 1919 the economist and sometime prophet John Maynard Keynes left the glittering ballroom of Versailles feeling profoundly despondent. The treaty that determined the political geography of a postwar world inspired in him a fearful sense of inevitability. The punitive conditions imposed on Germany would be too harsh for the country to tolerate for long. One junior delegate in Paris observed: ‘There is not a single person among the younger people here who is not unhappy and disappointed with the terms.’ This was a world not only united by the devastating results of the Spanish ’flu epidemic, responsible for the deaths of five times as many as had lost their lives in the war, but by political and religious fragmentation that was already endemic.