I'd normally agree, but it has become increasingly hard to give Vince era WWE the benefit of the doubt.
Except, WALTER was doing this for American audiences, where the word "Kampf" is pretty much exclusively associated with Hitler.
It was cheap indie heel heat, which a lot of wrestlers do, but let's not pretend he didn't.
I'm not calling WALTER/GUNTHER a full-blown Nazi or anything like that, but there are definitely traces of it - especially with Imperium.