> "Putin has an eye on Sweden" does not pass the most basic smell test, now even less than during the Cold War...

It does pass. Invading the Swedish island of Gotland would cut off air and sea routes to the Baltics, while a ground move against the Suwalki gap between Poland and Lithuania would sever land routes. Map: https://warsawinstitute.org/wp-content/uploads/2019/12/Balti... Keep in mind that Belarus should also be marked in red, because it hosts Russian forces and allows them free passage.

It is one of the most obvious hostile moves against the EU and NATO, and Europe clearly doesn't have the means nor the will to launch a major war to liberate the countries. Everything hinges on the US, and we all know the state of things there.