"When a calendar comes to the end of a cycle, it just rolls over into the next cycle. In our Western society, every year 31 December is followed, not by the End of the World, but by 1 January. So 126.96.36.199.0 in the Mayan calendar will be followed by 0.0.0.0.1 - or good-ol' 22 December 2012, with only a few shopping days left to Christmas." - Excerpt from Dr Karl's "Great Moments in Science".
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