I thought I was bringing the UK to its knees in my second war against them as Germany, but then I helped slip a communist revolutionary into England, and his ideals ending up spreading among my population even more than the King's, leading to the Kaiser being executed and the Socialist Republic of Germany being formed. Thankfully, they kept me on as head of the Department of Navy. :-)
In the 10 years since, I managed to take a couple of outlying areas from Russia, and fought what was exclusively a trade war with Japan. It's 1927 now, and my first CVLs are entering service. My fighter designs are relatively weak, but I think my torpedo bomber designs are pretty strong. I don't see aviation becoming a major part of my navy, but we'll see.
Edit: Now it's early 1928, and I'm at war with France, and we have a massive scrap in the English Channel and North Sea. I have 6 BB and 3 CVL (one convert, two design), plus a large screening force; France is fielding 2 BB, 4 BC, and a CVL plus its screens. The 16 torpedo bombers I had between the two Ausonia-class escort carriers proved more decisive than expected, as the two French BBs outgunned me with their 16" mains and 12.5" belt armor. But the French BCs scouted out too far from the BBs, leaving them vunerable to an airstrike. Two torpedos found their home, and after my battle fleet had dealt with the BCs, we were able to take some nasty shots from the BBs as part of getting close enough that our 14" guns could pierce it. When the smoke cleared, both French BBs and two French BCs had been sunk, with the other two BCs needing to be put in drydock for several months, without seeing a single ship of the German People sunk.
Edit Edit: A few weeks after France lost most of its capital ships against me, Britain entered the war on France's side, and my allies, the Japanese, sent some ships to the Atlantic to support us. Time will tell whether Russia, Italy, or the USA get pulled in. (I should really turn this into a Let's Play or something, I guess.)