Bank of England must plan for financial crisis sparked by aliens
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.
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”.
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.”
https://www.thetimes.com/uk/scotland/art...-f3mh8l9vh
teachings of the Bible are so muddled and self-contradictory that it was possible for Christians to happily burn heretics alive for five long centuries. It was even possible for the most venerated patriarchs of the Church, like St. Augustine and St. Thomas Aquinas, to conclude that heretics should be tortured (Augustine) or killed outright (Aquinas). Martin Luther and John Calvin advocated the wholesale murder of heretics, apostates, Jews, and witches. - Sam Harris, "Letter To A Christian Nation"