The war eventually broke out.
For Bolivia and Paraguay, the petroleum in the Northern Chaco region was an absolutely indispensable resource.
Even if it meant paying a heavy price to the Powers, both nations were ready to spark this war, determined to use all their strength to defeat the enemy.
However, in terms of military strength, there was quite a significant disparity between Paraguay and Bolivia.
By the outbreak of the war, Paraguay's regular army numbered only around 3,000 men, and their arsenal consisted mostly of common rifles, machine guns, and a small number of firearms.
Bolivia was different. With the hefty loans from ExxonMobil, the Bolivian government had enough funds to purchase a large quantity of new weapons from the European powers, including tanks and airplanes.
This also included tanks, airplanes, and heavy machine guns from Australasia, which gave the Bolivian military a considerable lead in both numbers and equipment.