A former analyst at the UK central bank warned of apocalyptic financial scenarios if we ever confirm alien life.<\/b>
\nIn today\u2019s complex financial environment, governments need to juggle any number of security threats while keeping the global markets functioning smoothly. From AI attacks to widespread civil war, nothing seems too improbable for government fiscal watchdogs to rule out.
Now, one retired financial security analyst is warning of yet another eyebrow-raising risk to financial markets: first contact with alien life.
Helen McCaw, a former senior analyst at the Bank of England \u2014 the UK\u2019s central bank \u2014 warns that the institution must prepare for a financial crisis triggered by confirmation of alien life. According to London publication The Times, McCaw has approached BoE governor Andrew Bailey in order to urge him to prepare financial contingencies for crises like civil unrest and the collapse of commercial financial institutions.
Though McCaw\u2019s main concern is the UK, her worry stems from recent UFO mania coming from across the pond.
\u201cThe United States government appears to be partway through a multi-year process to declassify and disclose information on the existence of a technologically advanced non-human intelligence responsible for Unidentified Anomalous Phenomena (UAPs),\u201d McCaw told The Times. \u201cIf the UAP proves to be of non-human origin, we may have to acknowledge the existence of a power or intelligence greater than any government and with potentially unknown intentions.\u201d
McCaw said she\u2019s particularly concerned with market volatility in the wake of an alien announcement. The revelation that we are not alone in the universe could cause stock prices to swing rapidly \u201cdue to catastrophizing or euphoria,\u201d or even a total \u201ccollapse in confidence\u201d if traders lose hope in the future of human financial markets.
\u201cIf there is an official announcement and we get presented with very clear evidence that nobody is going to dispute, I would say that in a matter of hours, you are going to have total financial instability,\u201d McCaw said. \u201cIf banks start failing, the payment system will collapse, and you\u2019ll have rioting on the streets because people can\u2019t fill their cars up with fuel or buy food in the supermarket.\u201d
Basically, there\u2019s no telling what alien life could do to our collective psyche, the former analyst seems to insist, so we might as well be prepared for anything.
\u201cEven if you feel it\u2019s very unlikely,\u201d McCaw concluded, \u201cit\u2019s madness not to consider it and plan accordingly.\u201d<\/p>\n