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“No flame, I agree. I don’t think there are ET’s, but publish the info- I have an open mind.”

Obviously my post assume they have something more than nothing to publish, but assuming so, there may be good reasons not to. I modified this post from another thread.

i guess the biggest issue world governments face on reporting and stating that they have had contact or at least verified that advanced tech visitors/vessels have been seen is they open a monstrous can of worms which has a good chance of ending badly for them and their serfs, at least in the industrialized world..

Suddenly throwing out the fact that there is a much more powerful entity(ies) observing us will have unpredictable social effects, and if there is anticipation of any trade/tech sharing/acquisition, basic elements of our economy might become worthless overnight, etc., with the related employment issues.

Just one example from my own area of knowledge or semi-expertise - imagine a major commodity (say gold) suddenly falls 90% in value because it is known to be a trade good the other party has in abundance. Aside from wiping out fortunes (mainly held by governments), the losses on the futures contracts will take down clearing firms, after gold is lock-limit down for a month or whatever. That is just one example. Imagine it in any industry that might be supplanted by sudden excess supply, or even the perception that said industry is about to be superceded. Entire chunks of the fortune 100/500 might be worthless overnight.

Basic social controls could very easily begin to break down.

The chain of possible effect could be an absolute disaster *for all of us*, and that is without even discussing ET.

Get enough instability in the right places, and regional wars are a distinct possibility.

There are some professionals in their area of expertise stating clearly that things have happened that were of technology unknown to us (JAL flight over alaska, for example), in some cases in which they were directly involved. I perfectly understand why the government would simply contain and suppress it, and why the media would go along. They have no choice at all, the alternative is chaos and the loss of their own power.

The topic still fascinates me, though.