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the reactions to apparent changes in US policy are overblown

A friendly country seeing its upper hand, and deciding to leverage it to squeeze your economy... what is overblown about being wildly concerned about that exactly? Its coming on top of an inflation driven affordability crisis, and many people are already at their limits. Having prices further increase is a really big deal for many people.

the "Russian threat" is overblown.

Country with one of largest nuclear arsenals in world building up military, supressing dissent, invading neighbors - none of these statements are twisting facts. Even if you didn't know Putin's aims, it would be extremely concerning.

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