It is customary at this time to act like two-faced Janus, looking back at the year that has passed while predicting what may happen in the one ahead. However, from what we have seen of the two great political fantasies of our age, it is now much easier to say what is likely not to happen. Each of these acts of make-believe has got so out of hand that a violent collision with reality is inevitable. But those who are in their grip are so locked in denial that it is only safe to predict that nothing will bring them back to earth until that nemesis intervenes.