Placed on Germany paid to France and on a lesser level to the UK
Germany couldn't even pay the interest on the reparations because they were so high
Poland was given a strip of German land to access the sea
Alsace-Lorraine returned to France
All colonies surrendered to the league of nations
summary
As the War Guilt Clause was set to severely punish Germany, Germany was to pay $55 Billion as a result of starting the war. When Germany ran so far into debt, resources were taken instead.