“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


…And if you go to Ludwig von Mises’ bio page on Wikipedia, you find out why…

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Justin, bravo! I wish there were more narrow-eyed skeptics like you out there. Like you, I must plead a generous level of ignorance regarding the intricacies of high finance, but I certainly know the contours of an Hegelian Dialectic when I smell it. At the risk of sounding a bit glib, this entire ongoing melodrama is Problem (economic crisis with Anglo American bad guys and BRICS good guys) Reaction (a geopolitical economic 9/11 of some sort) Solution (installation of new slave masters replete with 24/7 surveillance control to minimize organized dissent — cf. Richard Grove's recent interview with NSA whistleblower Bill Binney).
For me, the only transition that meets the acid test of leading towards alignment with Truth and Natural Law and abundance for all is one overflowing with transparency. Is that what we are seeing here with this Punch and Judy show? Not really; there is a bit more alternative information to digest, much of it will great value, but just as much of it is psy-op disinfo to marginalize the opposition (e.g. Info Wars which treats Ron Paul as some sort of demigod).
My simple benchmark for this acid test is "Does X transition include full disclosure of the breakaway civilization and what really happened on 9/11?" If not, then it is not in alignment with Natural Law and is just another con game to keep the open air concentration camp called planet Earth running.
Excellent analysis brother. I find myself thinking the same thing. How can a problem caused by pervasive ignorance maintained by constant secrecy be solved by the same modality??? How is BRICS going to usher in a golden age, without addressing all the other problems? Part of me hopes my gut feeling that this is another Dialectic is wrong, but in my heart of hearts i know that only truth will cure the disease… and im not seeing much in this BRICS 'magic bullet'. One thing i do know for sure, is that hope is needed and the lesson we must learn, hope placed in the wrong thing, just holds everything back. In that light, this is probably just one more step on the long road to the Natural Law awakening. The universe will continue to give us false profits and guru's until we finally do away with the savior meme and start taking responsibility for our own lives again.
Yeah, when I read the end of your post, I thought OK, cue the Hollies music:
"The road is long…. with many a winding turn…"
At least at this stage of the long, arduous journey you allude to, their are cracks in the Satanic facade in that we are having this discussion at all, as are thousands of others, thanks to the internet. More are taking up the "Great Work," thanks to Marc Passio, Tragedy and Hope, and a growing legion of disillusioned New Agers. Perhaps TPTW will overplay their hand leading to an exponential growth spurt in aggregate consciousness (the much-ballyhooed "Event" perhaps); their Achilles heel has always been their overweening hubris, after all.