Putin Feels Pressure of Citizens, Elites: Saunders

The transcript discusses Putin's response to Russia's economic challenges, blaming the West while avoiding responsibility for the ruble's collapse. It explores potential strategies and pressures from elites and the public, highlighting the importance of economic stability and the social contract. The discussion also touches on the lack of an exit plan for Putin and the potential consequences of prolonged economic difficulties.

What is the basic social contract that Putin has with the elites and the Russian people?

What does the speaker imply about the potential consequences of an austerity program?