Former Bank Expert from the Bank of England Warns of Economic Meltdown If Aliens Are Revealed by Government Officials
A former expert from the Bank of England says the bank needs to get ready for a money crisis that could start if officials announce that alien life is real.
Helen McCaw worked as a top analyst on financial safety at the UK's main bank. Her job was to prepare for big events that could hurt the economy.
She has now sent a letter to Andrew Bailey, the head of the bank, asking him to make plans for what might happen if the White House says we are not alone in space.
McCaw went to Cambridge University. She thinks a big announcement like that would shake up the stock markets. It could cause banks to fail and people to get upset and cause trouble.
Until lately, ideas that governments were hiding alien life were only talked about by a few people who believed in conspiracies or UFOs.
But now, many important US leaders have said they think smart life from outside Earth might exist. This includes the secretary of state, Marco Rubio, New York senator Kirsten Gillibrand, and James Clapper, who used to lead national intelligence.
Rubio, who is close to President Trump, said to the people who made the new UFO movie called 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 shared secret government files. They showed that the British military tried to get "alien" tech after getting good info that UFOs seemed real and could do better than any human machines.
McCaw worked at the Bank of England for 10 years until 2012. She says leaders and bankers can't ignore talk about aliens anymore or laugh 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 leaders should also get ready for trouble and a huge rush of people pulling money from banks.
“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 wrote a part about this for a new book edited by Dr. Alex Wendt, a professor who studies world safety and politics at Ohio State University.
She didn't care much about UFOs until she found a science paper from NASA. It was called Unidentified Flying Objects in Classical Antiquity and written by astronomer 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 has worked in money management and tech for finance since leaving the bank. She knows her ideas will make some people laugh at her.
“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.”
McCaw wants to share her ideas, but she won't go on 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 said UFOs seem real, but we don't know if they are made by people or something else.
“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, a US movie and documentary maker, 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 did not want to comment.
