Benjamin Franklin: “There never was a good war, or a bad peace.”
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Munich,1938: "Peace in our time"
I'll give Ben a pass on that quote sinc he was such a great man.
All this Munich talk is a nonsense. First: what should have been done in 1938? Poland and France were to stage attack on Germany? (USA and UK had no such capacity at that time.)
Second: in 1930's the greatest danger was Communism, which with great bloody effort was defeated in Spain (with the help of Nazi Germany and Fascist Italy). People in 1930's did not have benefit of "clairvoyance" supposedly enjoyed by us today.
We cannot predict the future by using Munich analogy. The only conclusion we can draw is that as it was a mistake in 1930 to see Communism as the key threat so we might be mistaken the same way by thinking that we know what are the key future problems. WE DON'T!
The same people who today invoke Munich as the example of error, in 1930's would be calling for crusade against Soviet Union and would be allying themselves with Hitler and Mussolini (as they did in Spain what turned out to be not so bad).