We owe an enormous debt to our heroes from World War 1 dwarfing the pain of the current liquidity crisis. The number of World War I casualties both military and civilian was over 40 million with about 20 million deaths and 21 million wounded including 9.7 million military deaths and about 10 million civilian deaths.
Estimates for casualty numbers vary to a great extent. Military casualty statistics include losses caused by accidents, disease and prisoner of war deaths as well as combat related deaths.
Most civilian deaths were due to war related famine and disease, those due to the Spanish flu have been excluded. Furthermore, estimates of civilian deaths include the Armenian Genocide but debate continues as to which degree this event should be included.