The counterfactual extends beyond Britain, the United States, Japan, France, and Italy. German construction, Australian and New Zealand fears about Japan, Canadian preferences, and South American prestige purchases all create additional demand for ships and equipment. Canada might avoid a capital fleet yet still build destroyers and sloops suited to Atlantic service. The economic ripple therefore includes export yards and smaller navies responding to a world in which the major fleets are visibly expanding.
Notable Point · 1:31:45-1:34:00
How non-treaty navies widen the building race
German, Dominion, and South American procurement could spread demand beyond the five powers usually associated with the naval treaty system.