Yes, a non-deranged leader deals with tail risk by ignoring it; if it starts to explode, call it a hoax; and if people die, keep the numbers down by not counting.
But studying risks that are highly improbable but potentially catastrophic? Making contingency plans? Insane!
Mark Carney might actually be the final boss of Trump Derangement Syndrome. He admitted that Canada has studied the "extreme tail risk" possibility of a U.S. military invasion.
Give it a rest, Mark. NO ONE wants to invade Canada. Honestly, your country is so far off the deep end right now that an invasion should be the last of your worries.
This is the exact same media hysteria we saw when they swore Trump was going to march troops into Greenland. And look what happened there.