Lyric discussion by owenparry26 

Cover art for Fallout lyrics by John Frusciante

Awesome song!

I think it portrays hopelessness. You're alone, soon you're going to be swallowed up, fallout of love again and your dreams all end - that is pretty dismal. Although I think there is reason to hope. Because the songwriter is saying that he knows "you're in pain" - so maybe you're not totally alone.