What if Germany builds a very minimal fleet in world war 2.
No destroyers, instead just build perhaps more of the type 23 Topedo boats.
http://en.wikipedia.org/wiki/Type_23_torpedo_boat
No big number of UBoats, just the small Type IIB, fine for Baltic or Black sea operations (OTL used for training and Black Sea).
The existing OTL LCs are fine for Baltic work Emden, Bremen, etc.. Don't build any of the Hipper class HCs. Build more LCs if you have to.
Instead of the Pocket Battle Ships, turn these into 10,000 ton Baltic Battle Ships, shorter range, less speed, shallow draft.
No Sharnhorsts or Bismarks of course.
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Of course this means doing OTL Norway is not an option. But maybe that is a good thing. The $$$ saved from this Navy goes into more tanks and planes. This is about beating France then the Soviet Union.