NEW: 🇬🇧 Former Bank of England analyst Helen McCaw warns that official confirmation of extraterrestrial life could trigger instant global financial chaos.
McCaw has urged BoE Governor Andrew Bailey to prepare contingency plans, saying clear evidence of advanced non-human intelligence would cause severe “ontological shock,” extreme volatility, bank runs, and potential payment system collapse within hours.
She predicts an initial flight to bitcoin as trust in government-backed assets erodes, while warning that gold and precious metals could lose safe-haven status if new space technologies imply abundant future supply.
“With undisputed evidence, total financial instability would arrive within hours,” McCaw said, pointing to recent US official statements and declassification efforts as signs the issue is nearing a breaking point.