Lyric discussion by Blind Opius 

It's more than just solely about the fall of the civilized world, it's about adopting a relative apathy to it. Cornell clearly places himself outside of the events in the lyrics, saying where he'll be when everything happens, then says that he's "the wreck of you ... the death of you all," perhaps signifying that apathy is what will damn the world.

Also, this would be a rather inappropriate song for 9/11. Even if I was heroically unmoved by the events, the verse...

"Under the red break of the lights Heroes in stretches inch to the site Blowing the pieces, belong to the wind When the whole thing blows away I won't pretend."

...doesn't exactly show pride in the nation the way most people would want, though I like the fact he's saying he won't pretend to care.

Whatever.

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