Lyric discussion by Child Of Music 

To me, this is a cynic (Bowie's vocal) arguing with a romantic (Mercury's vocal). They both realise that the world is in jepardy, but the cynic is dismissing the romantic's notion of salvation and love. In the end, the cynic has nothing new to say, only to point out the hopelessness of life, while the romantic tries to find meaning and happiness.

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