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I think he's talking about being surrounded by fake, pretentious "Friends" who all talk about him therefore they "know what he doesn't know" and he's being sarcastic when he says "let me know when you're finally gonna give me some respect"
I think he's talking about being surrounded by fake, pretentious "Friends" who all talk about him therefore they "know what he doesn't know" and he's being sarcastic when he says "let me know when you're finally gonna give me some respect"