Disgruntledgoat
Player Valuation: £50m
That's not my understanding of it. At the time of Munich, the combined Czech, French and British forces would have comfortably outnumbered the Germans. What's more, the Czech army was highly sophisticated because their manufacturing base was incredibly good, and was arguably superior to the Germans on its own. The fact that they were essentially surrendered to the Germans not only gave Hitler an awful lot of advanced equipment, but gave them more time to bolster their own ranks.
Even then, the Poles, who had a lot of numbers but relatively primitive equipment, gave them a sufficient fight to have been in with a chance had the French not sat on their hands on the western front, and the British said they would help and actually done bugger all.
If you look at the book What If, it clearly states that in 1938, the Germans were not in a good state for war at all, and it was only their efforts in 1939 plus their plundering of the Skoda works that gave them the formidable force with which to roll through the Benelux. It's obviously conjecture, but it seems quite likely that things could have been very different had the British and French been less shitty, especially as it might have kept Russia from picking over the carcass of Poland and entering the war.
The other factor to remember here is that the officials responsible for welching on deals they didn't make would have felt the bony hand of history on their shoulder and the need to avert another WW1 with its attendant casualties. It's easy with history to call it simple deception but most thoughts of appeasement were led by a simple desire to avoid a europe wide war.
Russia entered the war when Germany attacked them, breaking their alliance.