Bank of England must plan for financial crisis sparked by aliens

A former senior analyst at the Bank of England has called on Governor Andrew Bailey to develop contingency plans in case an official announcement confirms the existence of extraterrestrial life.

Helen McCaw, who worked in financial security at the central bank for a decade until 2012, warned that such a disclosure could cause severe market disruption. She argues that confirmation of technologically advanced non-human intelligence behind Unidentified Anomalous Phenomena (UAPs) would likely trigger ontological shock, leading to extreme price volatility, loss of confidence in traditional asset pricing, and potential bank failures.