To me it's more that Russia has committed an extremely autocracy-typical error - bad information, overemphasis on territory due to reliance on resource economy, underestimating the enemy resolve - and since we've lived for many decades under the threat of the UdSSR, this is ... well, revenge would be the wrong word. I think everybody was content to let Russia be an inoffensively harmless behemoth. But if it's going to go back to its old games, and set itself up for such an opening embarrassment as it has, I think everybody is very willing to let it bleed basically arbitrarily - to some limit, since Ukraine is willing to foot the bill in bodies. So even if it hurts us economically, as long as it hurts Russia more, that's fine.

This is how you stand up to a bully. Every child knows this instinctively. Putin overplayed, and now he gets to stew in it.