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RE: FED - BETWEEN A ROCK AND A HARD PLACE. What were your expectations?
Do you really believe that US would go for war with Russia? I think it's very unlikely to happen.
Even if US would decide to join (why would they?) - they surely would wait until Russia already would be bleeding out while trying to conquer Ukraine.
My personal guess is that this conflict will NOT escalate. I see it as a way for Russia to put political pressure on european union.
After all, Russia already attacked Ukraine once (within recent years) and didn't achieve much. It would be very expensive for them to go into war. Especially without many allies and economy struggling.
Cheers, Piotr