[UIUC_06]

your link and comments are about WW II. Versailles was the treaty that ended WW I.

> Germany was in no position to keep fighting.

No one was in 1918 and everyone was exhausted, but "defending the homeland" is a more powerful motivator than anything the Allies had. Germany asked for an Armistice "on the basis of the 14 Points" which did not include occupation.

[throw0101d]

> No one was in 1918 and everyone was exhausted […]

The US had just entered the war after the Zimmerman telegram, and so Allied powers had more man power and more industrial strength. The Central powers were the ones that were exhausted, especially after the Hundred Days Offensive.

[Cupertino95014]

The US had lost 116,000 dead. They were hardly raring to go.

The British and French were equally exhausted. Their casualties combined were about the same as Germany's:

https://en.wikipedia.org/wiki/World_War_I_casualties

You're right that Germany was whipped, but the persistence of the "stab in the back" theory in the 20's and 30's demonstrated that they hadn't quite internalized that. After all, they hadn't been invaded, and "news" back then was so heavily censored that the Germans didn't all know the real situation.