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Okay, but this doesn't actually say it's not plausible. There is a non-trivial number of Americans who don't want the US to have mutual defense obligations or vassals the world over, and their preferred candidate is one precisely lothed, and reciprocates the feeling, with the Europeans. That candidate- arguably the leading candidate- took a position that he would 'encourage' Russia to attack countries not meeting defense spending cutlines- a line that applied to a majority of NATO countries.
While I would be the first to note that Trump's criteria specifically would not ignore an attack on the Baltic states, and I doubt reading his characteristic hyperbole is worth that much, this is not a man who would particularly care about the credibility he has with allies he has characterized as parasites.
This is without noting that multiple NATO governments are variously politically aligned with Russia as-is (Hungary), or are a very plausible election scenario from coming into governments significantly less interested in EU or NATO as a strategic policy.
The issue isn't whether they'd sit out, the issue is that most of them are militarily irrelevant to a war in continental Europe, because decades of mismanagement and capability cuts have rendered them unable to mobilize units at scale or supply them with ammunition to sustain fires at the scale Russia has and is.
Further, one of the significant factors of the Balkan scenarios is that the wealthy member states would not be fighting a war on their own territory: rather, they would be presented a fait accompli in a rapid Russian occupation of the much smaller (and poorer) Balkan fringe, and then faced with the question of whether they really want to pay the high cost in blood and treasure to try and fight their way through the Russian forces there.
This returns to the question of credibility, where while the Americans face the doubt if they would show up, most of the Europeans face doubts of if they can show up in enough scale to matter.
If an actual war would break out and Finland conducted a full mobilizatio, we would mobilize 280 000 troops, and at least an implicit common understanding is that a large portion of these would fight in the Baltics. With one of the largest artilleries in Europe and supported by Sweden's considerable air force and naval capabilities, these wouldn't be able to win by themselves, but are nothing to sneeze at.
Finland and Sweden are both two of the biggest exceptions in Europe, and is part of why their decision to join NATO was such a strategic disaster for Russia's NATO-rationalizations for the war.
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