You're stuck in a never-ending loop of despair, surrounded by an infinite array of sharp, spinning blades.
Each axe is a portal to a different dimension, but don't get your hopes up, it's just a cruel joke.
You Can't Get Out Now (a.k.a. The Axe of Desperation)
Or, if you're feeling brave, try Axe Fu Mastery, but be warned, it's just a never-ending cycle of slicing and dicing.