Lyric discussion by Darkmoose84 

Cover art for You And Your Friend lyrics by Snake River Conspiracy

All three of them are really good friends obviously, but the speaker sounds like she's falling in love with the guy. Perhaps, also the guy likes his other friend but she's willing to abdicate any jealous feelings and perhaps be with them both, as she points out that she could see how badly things would turn out if all were not in the equasion. Three-somes can cure this (j/k). :P