Oct 07, 2014
The Fool represents the wild optimism of youth, rushing into adventures with no thought for the consequences. Although this impulsiveness often leads to disaster, especially in mature people who should know better, it is what makes the world turn. The dragonet snapping at the Fool's foot symbolizes his cautious conscience, warning him not to get too carried away and fall off the edge.
This is an unlucky warning of imminent danger unless the person it refers to pulls themselves together and starts acting responsibly. All the Fool's worst qualities of fecklessness and lack of commitment are about to demand a heavy price. His confidence will prove hollow.