&lt;Don't know if our fate's already sealed <br/><br/>This day's a spinning circus on a wheel &gt;<br/><br/><br/>That is a part of the song 'Ashes and wine by a fine frenzy<br/><br/>1) Is <u>'T</u>his day's' a 'be verb contraction' or the possessive case? <br/><br/>2) What is the meaning of 'This day's a spinning circus on a wheel'?<br/><br/>Thanks in advance.