Lyric discussion by Zoltan Pandemonium 

Cover art for Waterfall lyrics by Stone Roses, The

I like this idea that it's about Britain, like Britain is America's bitch, but I think it's mostly about all Britain's beauty slowly disappearing through modernisation

here;

As the mile they disappear See land begin to clear Free from the filth and the scum This American satelites won

and here;

See the steeple pine The hills as old as time Soon to be put to the test To be whipped by the winds of the west

and how the people (the girl) will just take it in their stride.

@Zoltan Pandemonium Are you retarded. America is Britain's bitch. And has been for the last 200 years.