English Central Bank Analyst Warns: Prepare for Financial Crisis if Alien Life is Confirmed

• https://www.thetimes.com/uk/scotland/article/bank-of-england-must-prepare-for-ufo-announcement

A former senior analyst at the Bank of England is calling for urgent preparation: the potential economic fallout from an official government announcement confirming the existence of alien life.

Helen McCaw, who spent a decade working as a senior analyst in financial security at the UK's central bank until 2012, has written directly to Bank of England Governor Andrew Bailey. Her message is stark: the financial system needs contingency plans for what she believes could be an imminent disclosure about non-human intelligence.

The Economic "Doomsday" Scenario

McCaw argues that an official announcement confirming alien life would trigger "ontological shock" with severe material consequences. Her concerns include:

• Immediate Market Chaos: Extreme price volatility driven by either catastrophizing or euphoria, with investors uncertain how to value assets using traditional methods.

• Flight to Safety: A potential rush toward physical gold, precious metals, and certain government bonds. Paradoxically, these safe havens might simultaneously lose value if people speculate that space-faring technology could flood markets with precious metals from asteroids or other planets.

• Digital Currency Surge: Bitcoin and other cryptocurrencies might see massive inflows if people lose faith in government-backed assets and question governmental legitimacy.

• Banking System Collapse: McCaw warns that clear, undisputable evidence could trigger total financial instability within hours, leading to bank failures and payment system breakdowns.

• Civil Unrest: If the banking system fails, she predicts rioting as people find themselves unable to purchase fuel or food.

 

The Most Striking Aspects

1. The Credibility Factor

• Helen McCaw is a Cambridge graduate who spent 10 years as a senior analyst in financial security at the Bank of England—literally someone whose job was to prepare for threats to the economy. She actively dismissed UFOs as fantasy until stumbling upon peer-reviewed NASA research.

2. The Financial Doomsday Paradox

• McCaw predicts people would rush to "safe" assets like gold—but then gold might simultaneously lose its safe-haven status if people realize alien technology could mine asteroids and flood Earth with precious metals. It's a fascinating catch-22 where traditional financial logic breaks down completely.

4. The Timeline: "Within Hours"

• She's not talking about gradual market adjustments. McCaw predicts "total financial instability" within hours of a clear announcement, leading to bank failures, payment system collapse, and rioting in the streets as people can't buy fuel or food.

 

 

 ORIGINAL ARTICLE - FROM THE TIMES:

"The Bank of England must plan for a financial crisis being triggered by an official announcement confirming the existence of alien life, one of its former policy experts has claimed.

Helen McCaw served as a senior analyst in financial security at the UK’s central bank, preparing for events that could impact the economy.

She has now written to Andrew Bailey, the Bank’s governor, urging him to organise contingencies for the possibility that the White House may one day confirm we are not alone in the universe.

• UFO hearing: Congress tells government to come clean on what it knows

McCaw, a Cambridge graduate, believes a declaration of that magnitude would send shockwaves through the markets and could trigger bank collapses and civil unrest.

Until recently, suggestions that governments were covering up the existence of alien life were limited to a small coterie of conspiracy theorists and UFO activists.

However, a host of senior American officials, including the secretary of state, Marco Rubio, the New York senator Kirsten Gillibrand, and James Clapper, a former director of national intelligence, have recently indicated their belief in the possibility of intelligent non-human life.

Rubio, a close ally of President Trump, told the makers of the recently released UFO documentary The Age of Disclosure: “We’ve had repeated instances of something operating in the airspace over restricted nuclear facilities, and it’s not ours.”

This month, The Sunday Times disclosed previously classified state files, which showed that the British military sought to obtain “extraterrestrial” technology after receiving credible intelligence that UFOs appeared to be real and could outperform any known human craft.

McCaw, who worked for the Bank of England for ten years until 2012, insists that politicians and bankers can no longer afford to dismiss talk of alien life and snigger about “little green men”.

“The 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),” she claimed.

“If 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.

“It is entirely possible that government leadership and their central banks have not been properly briefed on the topic. UAP disclosure is likely to induce ontological shock and provoke psychological responses with material consequences.”

McCaw added: “There might be extreme price volatility in financial markets due to catastrophising or euphoria, and a collapse in confidence if market participants feel uncertain on how to price assets using any of the familiar methods.

“There might be a rush to perceived safe assets such as physical gold, other precious metals and some types of government bonds.

“Alternatively, precious metals might lose their status as perceived safe assets if people speculate that new space-faring technologies will soon increase the supply of precious metals.

“There might be a rush to digital currencies such as bitcoin, which may prove appealing if people question the legitimacy of government and lose trust in government-backed assets.”

McCaw said the authorities should also prepare for unrest and an unprecedented run on the banking system.

“If 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,” she said.

“If banks start failing, the payment system will collapse, and you’ll have rioting on the streets because people can’t fill their cars up with fuel or buy food in the supermarket.”

“Even if you feel it’s very unlikely, it’s madness not to consider it and plan accordingly.”

McCaw has written a chapter on the subject for an upcoming book edited by Dr Alex Wendt, a professor of international security and political science at Ohio State University.

She had little interest in the subject of UFOs until she stumbled upon a peer-reviewed Nasa paper, entitled Unidentified Flying Objects in Classical Antiquity, written by the astronomer and planetary scientist Dr Richard Stothers in 2021.

“I just thought it was a Hollywood thing and that it was only backwards people that saw them,” she said. “I didn’t know that governments were studying them.”

McCaw, who has worked in wealth management and financial technology since leaving the Bank, accepts her beliefs will attract derision.

“A lot of friends just think it’s absolutely crazy,” she said. “Sadly, there’s just no point in talking to them about it because they won’t even look at the information that’s out there.

“My husband was really sceptical at first, but he now realises that this is a really serious issue.”

She added: “I sent quite a lot of information to a friend from the Bank of England. He said: ‘Helen, I believe you, but I hope I don’t have to live in a world where this comes out’.

“I can understand why people would prefer to live in comfortable ignorance, but it’s frustrating.”

While keen to promulgate her views, McCaw will not accept invitations to appear on specialist UFO podcasts.

“The whole UFO community is just a bit Wild West,” she said. “I don’t need to convince people who already know this is real, that it’s real.

“What I need to do is try to help to get government people briefed.”

In 2021, Barack Obama suggested that UFOs appeared to be real, but said their origin, whether man-made or otherwise, was unclear.

“What is true, and I’m actually being serious here, is that there’s footage and records of objects in the skies, that we don’t know exactly what they are, we can’t explain how they moved, their trajectory,” he told news network CBS.

In November, Dan Farah, the American film and documentary director and producer, told The Guardian: “I think it is only a matter of time before a sitting US president steps up to the podium and tells the world that we are not the only intelligent life in the universe.”

The Bank of England declined to comment."