believe it or not, this is actually a tragic story. badgers continuously dancing for all of eternity is symbolism for the concept of hell. these badgers were evil during their time on earth, and once they died, they were condemned to an eternity of dancing to the same song on a loop over and over again. the mushroom and the snake are existential flashes of one (or two) of the badgers' lives.
for those that couldn't tell, that was a joke. 10/10 classic. would recommend to every entity in the multiverse.