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There is currently no proof that the universe is home to other intelligent life forms aside from the ones that inhabit Earth, and evidence to the contrary would be a very big deal. There’s no telling how people would react to that development, but one expert has warned the Bank of England to be prepared for a financial crisis triggered by that revelation.
Humans have been debating the existence of extraterrestrial life for thousands of years. Thinkers in ancient Greece floated the notion of a “plurality of worlds” like the one we inhabit, and arguments for (and against) the probability of so-called “aliens” being real have gotten increasingly sophisticated as our knowledge of the universe has grown over the millennia.
The odds of Earth being the only planet in the universe to boast some sort of life are infinitesimally small, and the same can be said for the notion that humans are responsible for cultivating the most advanced society in existence.
With that said, we’re still waiting for the day when we’re treated to incontrovertible proof concerning alien life. It’s difficult to predict the impact that kind of discovery would have, but one economic expert is warning a major institution to be prepared for some negative ramifications if that information comes to light.
A former security analyst at the Bank of England is sounding the alarm about the economic ramifications of alien life being confirmed
Aliens have been a staple of science fiction for centuries, and while plenty of people have come forward with claims that they were abducted and ferried away to an unknown part of outer space in a UFO, they’ve been largely dismissed as crackpots.
The same can be said for the conspiracy theorists who are convinced the United States government (and others around the world) has engaged in a massive cover-up concerning aliens who’ve already visited Earth and UFOs that are purportedly being stored in a warehouse in Area 51.
A number of whistleblowers have come forward in recent years to support those claims, and Congress itself added some fuel to the fire with a series of hearings concerning the UFOs the military officially refers to as “unidentified anomalous phenomena.”
Those proceedings did not produce any concrete evidence concerning alien life, but according to The Times, the Bank of England has been warned to prepare for what would be one of the most monumental days in human history if that ends up changing.
Helen McCaw, who formerly served as a senior analyst specializing in financial security for that institution, recently sent a letter to Bank of England Governor Andrew Bailey to warn him about the potentially disastrous ramifications of alien life coming to light, saying:
“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.
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.”
McCaw warned the price of precious metals like gold and silver could either skyrocket or plummet, saying people may turn to those historically trusted assets or dump them out of fears that alien technology could cause their value to drop.
She also said digital currency like Bitcoin could end up being attractive if people lose their faith in government-backed funds and predicted it wouldn’t take long for chaos to reign if alien life is confirmed, adding, “I would say that in a matter of hours, you are going to have total financial instability….Even if you feel it’s very unlikely, it’s madness not to consider it and plan accordingly.”
Good to know.