Lyric discussion by stoverny 

My interpretation is different than many of the others that have been posted here...

I take it to be a story of one-sided love, with the spy character using the narrator for his own selfish purposes. The narrator falls in love with the Russian spy and basically spends his life doing things for him (I agree that it is likely 2 men). Whenever the spy gets in trouble he calls him, because he knows he'll do anything for him because he is so in love. However I do not get the sense that the love is returned.

The narrator dreams of his love, and imagines him as a picture of perfection. He is so infatuated he cannot see he is being used. At the end, he sees him one more time in a car after 10 years... and the spy just waves an arm and keeps going. The spy is living his life and has pretty much forgotten about the narrator. He no longer needs any favors.

Even the refrain "They'll never catch me now", seems to hint at the spy's selfishness. Notice it is not "they'll never catch US now" - he was never really planning a future for the two of them, only himself.

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