>>The penalites in the treaty were light compared to previous wars.

They were 30 times heavier than any previously imposed reparations. And Germany's economy was already in ruins at the time.

>>The rise of Hitler had to do more with the myth amoungst germanic people that they did not lose WWI, but that it was a stalemate, and that they were betrayed by their own leaders during the treaty negotiations.

What negotiations? Germany was allowed little if any input into the vindictive Treaty of Versailles. The German people subsequently referred to the treaty as "Schanddiktat" (meaning the Allies should be ashamed to force Germany into such a situation).

It is true that the Dolchstoßlegende (translated as "dagger push legend") suggested that Germany had been "stabbed in the back" by various groups (such as Jews) who had supposedly undermined Germany's success. If you attribute the rise of National Socialism to such ideas, you must also accept that it was the daily humiliation and hardship imposed by that vindictive treaty that created a fertile ground for such beliefs.