An analysis of the devastation of the financial and economic structure of Germany through involvement in the first World War. The title indicates that Germany forgot the costs of war, and blames instead the Versailles Treaty for all its ills. He discusses the basic economics of war, the defeat of the long-term prosperity the errors of Germany's military tradition. He shows how Germany failed to regulate her production, distribution, taxation, and how Germany's crippled economic condition dates back to previous wars. Lucid, statistical, very technical and tough going.