You're My Waterloo Lyrics

Lyric discussion by mrs.barat 

Cover art for You're My Waterloo lyrics by Libertines, The

gosh its wierd but weneva i heard it i was never all sure it was the libs... it does seem to be about carl.. but i dont get the knife thing, cos i can only see 1 reference to knifes..unless im missing something?? and how is carl obssessed with them? whats the link with them??!