Alternate History Concept: Bismark II

So what if after WWI instead of a nut like Hitler taking power in Germany, a kind of Otto Von Bismark II came to power, a nationalistic but extremely intelligent practitioner of Realpolitik. The Nazis come to power, but they dial back the anti-semetism in favor of blaming the political elites and the wealthy, and promising to make Germany strong in the face of depression. So more of a Bismark meets FDR, Franz Van Roosevelt, a Franz Van Bismark.

So Franz takes power much like OTL Hitler, just with fewer murdering innocent people and no genocide, while seizing the assets of wealthy German aristocrats and using it to build up the German economy and create a war machine to take back the Rhineland. Only Franz invests heavily into a nuclear program, and instead of spending money on a bunch of other wonder weapons projects invests into the creation of efficient mass producing of cheaper weapons, because that's how you win wars.

WWII starts very much like it did in OTL, and goes about the same as in OTL (with no Holocaust) until about 1941. In this timeline Germany does not invade Russia at all, and concentrates on Africa and Western Europe. The Battle of Britain and the Blitz are much worse than in OTL, as Germany has finally developed reliable long range bombers, and has not split its forces between three fronts. Additionally, the British colonies are busy facing a combination of German and Japanese invasions as in OTL, but also anti-British rebel groups in India, Egypt, and South Africa.

After the Japanese attack the US, Germany will be compelled to declare war against the Americans, but will be more than prepared to resist the Americans at sea and deny them from setting up a base of operations in the UK. The War in Europe is largely over, the British people have lost their will to fight and after a disastrous attempt to invade Africa the Americans are stopped when Germany uses the world's first atomic bomb to halt the invasion, developed with the money that would have been used on experimental weapons and the Holocaust

Germany calls for a peace conference in 1944 to negotiate an Armestice. The Treaty of Dublin formalizes Germany's gains in Europe, directly annexing the Low countries, a portion of Eastern France the territory lost in WWI and most of the colonies of the annexed nations. Britain cedes Gibraltar to the Germans, while granting independence their Asian colonies, India, Egypt and South Africa. The US had made sufficient gains in Asia that Japan pulls back in the Pacific just enough to secure their oil needs, the Japanese won't get their Co-Prosperity sphere, but they will get Manchuria and Korea, and will keep Taiwan. The winners win enough, and the losers lose enough.

After the war Germany builds a kind of EU/NATO that they directly control. Germany works to secure an alliance with the US against the Soviets as Stalin becomes more paranoid. In 1947, Germany launches its first Satellite. By 1950 Germany has sent the first human into Space closely followed by the US with Chuck Yeager's first suborbital flight. Germany has developed ICBMs well before any other country, however the US Air Force stationed in Britain remains a significant threat. The United Nations has very little power outside of the British-American bloc, and the Soviets have become increasingly confrontational against the Japanese and Germans. The US finally develops an atomic bomb of their own in 1949, and is playing the Soviets and Germans off of each-other in Europe and the Japanese and the Chinese off of Each-other in Asia. Having largely remained out of WWII, the Soviets have succeeded in Industrializing their country and built the largest land Army in Europe, while Mao is still fighting a civil war against a Japanese puppet regime in Beijing, partly with US help.

After Stalin dies, Georgy Malenkov comes to power and formalizes the line of succession that Stalin was so hesitant to put into place, even after the Palace of the Soviets was completed. The Cold War between the Axis and Comintern powers persists with the Former Western Allies in the UN occasionally supporting one side over the other, and is believed to have provided the Soviets with nuclear weapons technology leading to their own bomb in 1953. The UN's only goal is to keep Eurasia divided against itself rather than allow either Germany or the Soviets to consolidate power over the continent, the world remains in a state of unsteady peace.

Shall I keep going?