Though I think it's most likely sung from the perspective of the devil, I think it could also be about East Germany after the fall of the Berlin Wall.
"You cry for mama, and daddy's right along "
East germany looking for help from Mother Russia but West Germany coming to aid instead
"Daddy's gonna pay for your crashed car"
Daddy (Germany) is going to pay for the East's crashed economy
Plus, the "crashed car" could also be seen as referring to the Trabant, the East German-made car that thosands of East Germans abandoned at roadsides (crashed) when the Berlin Wall fell.
Though I think it's most likely sung from the perspective of the devil, I think it could also be about East Germany after the fall of the Berlin Wall.
"You cry for mama, and daddy's right along " East germany looking for help from Mother Russia but West Germany coming to aid instead
"Daddy's gonna pay for your crashed car" Daddy (Germany) is going to pay for the East's crashed economy
Plus, the "crashed car" could also be seen as referring to the Trabant, the East German-made car that thosands of East Germans abandoned at roadsides (crashed) when the Berlin Wall fell.