No it doesn't.
There is no such threat and Russia does not believe that this threat exists, not one small infinitesimal bit. It has never been the rationale for the invasion. That line there is Russian propaganda abroad.
Russia doesn't even defend its borders, it knows the risk of any military invasion from the west is zero. Infact, presently, NATO is continuing to protect Russia by restricting Ukraine's access to long range weapons.
Look how easy it was for a bunch of guys in a few jeeps to go into Russia and occupy a well populated area. It took Russia two days to offer resistance. That is not a people who believe there is an existential threat on their borders.
That is a deluded lie to serve the justification of a deluded sense of peace that is prepared to sacrifice every Ukrainian - but avoid blaming Russia at all costs.
Because? Blaming Russia means the USA is not at fault, and there is this bizarre cohort in the US that reall really really wants the US to be the bad guy, and for it to be omipotent.
For Lithuania and Finland et al to join NATO - now that is the symptom of a people who believe there is an existential threat on their border.
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