Lyric discussion by mrwonderr 

Building off of the relationship interpretation...

It sounds like the relationship is getting complicated, and the two are trying to work out any issues, but their ideas are getting convoluted and nothing seems to work. The chorus seems to be the singer saying, "Calm down, we don't need this. Just lay down, that's all we need."

"Fold it" reminds me of folding a poker hand. Perhaps he means something like "put away the cards, let's stop this gamble."

I might have this backwards or something.

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