I always thought it was two kids following a pack of wolves. It really makes sense, as they're a PACK, and they have COATS. Maybe they're not kids or they're studying behavior. It's winter, so food is obviously scarce, so they're starving. They're nipping at each other's throats for food, meaning they have "scarves" of red tied around their throats. They're eating little bits to keep themselves from "Falling in the snow" as in dying. (I will say children because that's what I think, but adults are possible.) The children are caught, and are running from the starving wolves. Micheal- well- Micheal doesn't make it. The child who's perspective turns around to look for his friend, to no avail. Micheal, caught by wolves and eaten, is the ending of the song. This song can be taken several ways, but my vision ever since I first listened, was this. If anyone else has any ideas, please tell me. :)