Guest Post by Bill Bonner
BALTIMORE, MARYLAND – As our friend Nassim Taleb reminds us, there’s a downside to being a turkey. It’s called Thanksgiving.
Every day for 1,000 days, it gets its food. The turkey gets used to it. It feels pretty good about things. Around the feed trough, it is common knowledge that the food “always” comes. And there is no turkey alive who can contradict it.
The more intellectual turkeys spin out theories to explain their good fortune. One says it’s because of turkey exceptionalism:
“The food always comes because we’re turkeys, not starlings or pigeons. We are special. We don’t have to peck around on the ground trying to find crumbs or scratch in the dirt to find worms. We’re a superior bird; we have access to unlimited food.”
Continue reading “WE ARE TURKEYS, NOT FARMERS”
