Ken from Redefining God shares an unpopular perspective on many things, the BRICS Bank being one of them. His argument is based on the writings of the Globalists and by comparative analysis of events. This is a circumstantial case, but one that should not be cast aside when considering the notion that the BRICS nations are going to put an end to dishonorable business practices and the Cabal.
I'll admit when I first heard of the BRICS bank from David Wilcock it seemed like a sure thing, but I hadn't actually researched what it was beyond a few vague articles. I had the same amount of certainty to say BRICS is an honorable system as to say it is still under control of the Banking Elite. And for me, I needed more than just faith, because faith in the wrong things can cost us dearly.
With this in mind, I feel it is good to digest as much data as possible for considering the premise that BRICS is here to defeat the Cabal. You may not know how exactly the new banking system works - I certainly didn't - but I do know how the present system works: Interest. Interest is a central point of control, it allows the banks to siphon off energy out of a nation. Mathematically, if the interest is not spent back into the system every year, then the whole population experiences a scarcity. This is very well demonstrated in the Documentary by Bill Still The Secret of Oz.
Here are some questions I had, that with a little research I was able to answer:
Is there an interest rate? - Yes there is an interest rate. BRICS banks, which are called New Development Banks NDB, will be on par with the IBRD rate (the standard in the Global Markets). This was explained in the following RT article:
"For the NDB to build its initial credibility, it will have to maintain high standards of lending and ensure minimal defaulters. The two most important questions are how to create strong and efficient domestic financial structures that could work in tandem with the regional institution and extend high quality loans to improve its credit rating. And if it has to earn profits on the loans – which it should for future expansion – NDB will also have to charge an interest rate.
While smaller developing countries could borrow from the NDB without facing austere conditions, presenting a viable domestic environment for investment – most of which are plagued by inefficient governance and the poor ability of repayment even with a concessional interest rate – will be a challenge." ...
"As Vikram Nehru, Senior Associate, Asia Program, Bakrie Chair in Southeast Asian Studies, Carnegie Asia Program says, “The New Development Bank will have to borrow from capital markets to leverage its equity and will therefore need to charge an interest rate that will be close to the IBRD interest rate. [these rates from 3% to 60%] This means that the NDB's clients are most likely to be creditworthy developing countries. In the initial period, it is very likely that the NDB will lend only to the BRICS themselves [how does this help stop the cabal?], but gradually more developing country members could be added as potential borrowers. The upshot is that low income developing countries are very unlikely to gain access to NDB resources, at least not for the foreseeable future and under its current proposed design.” - RT
If the BRICS bank is designed to compete with the IMF with a basket of currencies and resources opposed to fiat FRN's, it is still being implemented as a profit driven model, and none of the most impoverished nations will gain access by the statements above; "not for the foreseeable future."
Taking the most optimistic perspective, that we - don't know all the plans and there are good people working to make things happen for humanity - this could be the game changer many have spoke of. But in my view, the primary cause of the worlds current state is ignorance conbined with blind faith in authorities and guru's of all sorts. If we are to become immune to the plague of Cabal control, we must learn to see the deception and illusion ourselves, not just take another's word for it. This comes about as a result of building personal knowledge, becoming an expert in our own right. Then even if the BRICS bank ends up being another Cabal scam, we won't be duped again. For ourselves, and our children's sake, we must take up the hard work of understanding things personally, else we may fall victim to our own blind faith.