Both points of view existed back in 1910, that war was unthinkable and that war was quite likely. A reflection of today's acceptance of both viewpoints.
No probably about it. Pre-WW1 was the first era of globalisation, of the oil barons, including the USA and pre-revolutionary China. Quite a few famous names believed there too much economic and trade interdependence to permit another war. Yet once one country started mobilisation war tipped from impossible to inevitable as the web of treaties kicked in.