If violence is a common theme in thrash metal, it's possible that this song is an extended metaphor for such. I've always seen the line "If you think you can live - you're a fool" as a reference to teenage boys joining gangs or wars, thinking that it would be cool and not a fucking thing could destroy them when they really end up getting wounded, killed or traumatized by the horrors of battle. Loki is a Viking god and the Vikings were notorious throughout the Middle Ages for terrorizing and pillaging.
If violence is a common theme in thrash metal, it's possible that this song is an extended metaphor for such. I've always seen the line "If you think you can live - you're a fool" as a reference to teenage boys joining gangs or wars, thinking that it would be cool and not a fucking thing could destroy them when they really end up getting wounded, killed or traumatized by the horrors of battle. Loki is a Viking god and the Vikings were notorious throughout the Middle Ages for terrorizing and pillaging.