Just spitballin', but i think the song is about a problem (probably in a relationship in this case, knowing thar jakob dylan wrote it and that seems to be a bit of a theme in some of his songs) that can be solved in three ways, two of which will save it and one that will end it. The first way is a passive approach, to stick it out and wait for the problem to solve itself, the next way is to take some sort proactive aproach to try and fix things, and finally the third way is to just destroy the relationship and leave.
Just spitballin', but i think the song is about a problem (probably in a relationship in this case, knowing thar jakob dylan wrote it and that seems to be a bit of a theme in some of his songs) that can be solved in three ways, two of which will save it and one that will end it. The first way is a passive approach, to stick it out and wait for the problem to solve itself, the next way is to take some sort proactive aproach to try and fix things, and finally the third way is to just destroy the relationship and leave.