Debt Is Slavery, Part XXIV

In his book, The Black Swan, Nassim Nicholas Taleb tells the story of the turkey.

The turkey lives every day believing the world is as he sees it. Every day, the turkey wakes up and is greeted by a benevolent leader who graciously cares for him, houses him and feeds him. The benevolent leader goes out of his way to make sure this turkey’s every need is met. Now from the turkey’s perspective, this has been reality for his entire existence. So why would the turkey ever think tomorrow would be any different? But unbeknown to the turkey, tomorrow is Thanksgiving.

I can’t help but believe this is how most Americans -- members of the greatest debtor nation in the history of the world -- view debt. And the worst perpetrators of this line of thought is our very government.

I know that about every twenty posts or so, I harp on this idea that debt is slavery, but I see people so blindly excepting debt as “normal” that it disturbs me.

Although I disagree with Stefan Molyneux on many things, his video from Freedomain Radio puts our national debt into an interesting perspective: