Russia Lives With an Unrealistic Budget: Guriev

The transcript discusses the recent 12% rise in the ruble, the Central Bank's efforts to stabilize the market, and the challenges posed by $300 billion in external debt amidst sanctions. It explores potential solutions, including changes in foreign policy and budget assumptions. The discussion also covers the impact of sanctions on Russia's economic model, the potential for political instability, and predictions about Putin's regime. Despite high approval ratings, the transcript questions the reliability of these figures due to propaganda and censorship.

What factors could lead to a change in power in Russia according to the discussion?

What role does public support play in Putin's regime according to the text?

What might trigger a reawakening of the population against the regime?