It is a question very hard to answer without having to be hypothetical on some historical points and events. There can't be a ‘one and only' answer to this question exactly because of these hypotheses and the many independent events which could have changed the face of things for the Allies as for the Third Reich. From today's perspective the victory of the Allies can seem inevitable but in 1942-3 the outcome of the war was being decided on a knife-edge
[...] Hitler stressed this throughout his war preparation in the 1930's, managing the economy effectively was the key to winning the war. Hitler's prediction was most probably correct but he was unable to do this himself mainly because the war broke out 2 years before his economical plans were to be ready. The Allies managed to keep the confidence of their citizens up even though the state gradually took full control of the economy and production. Victory was essential but the English government wanted to avoid a high inflation of its currency to avoid the crisis following 1914. [...]
[...] Adolf Hitler saw and reflected on the errors he made even though he never blamed himself for them. The Allies were able to count on several factors which advantaged them greatly like the miraculous victory at the battle of Stalingrad and Kursk. Seen from a different angle these achievements can be attributed to luck. The Anglo-American alliance, helped by the good personal relation in between Churchill and Roosevelt, proved to be very effective in their will to counter Nazism. General Marshall's opinion on the matter is eloquent: my opinion, triumph over Germany depends more on a complete accord between British and American forces than it does on any other single factor, air power, ground power or naval power.”1 I. [...]
[...] The eastern front could have collapsed was it not for the fantastic resistance of the Russian people helped by the soviet winter. The outcome of the battle of Stalingrad was a turning point in the war, and was to me the beginning of the end for the Axis, because the victory could have gone either way and if Germany had won they would have crushed the Soviet Union and marched on eastwards towards Vladivostok having no more opposition to face. [...]
[...] They could also count on progress in technological areas and allowed them to take control of the air and sea which was determinant to overcome the Axis forces. The Allies for the reasons mentioned previously won the war in 1945. I think that this was an inevitable end to the war in any case of figure because even if the Third Reich had conquered Eurasia it would have come across too many difficulties to survive. Its terror regime would have constantly undermined it and populations who weren't ‘Arians' would have continued to sabotage it. [...]
[...] The lack of judgement shown by the Germans in these cases were few but proved to be heavy in consequence. Adolf Hitler played an important role in the defeat of Germany by taking the wrong decisions at the wrong times from 1941-2 onwards. He refused to acknowledge contrary advice from his officers and generals therefore leading German troops to heavy defeats, notably in the East at Stalingrad. This authoritarian organisation system was a key to the downfall of the Axis because the dictators in place were not as competent in matters of War and strategy than their professional advisors and also consultation in between the countries of the Axis was extremely poor. [...]
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