Cartoons and Macrame Wounds Lyrics

Lyric discussion by Frenger868 

Cover art for Cartoons and Macrame Wounds lyrics by Mew

First of all, I have to say that this is my favorite song right now of theirs, I love the layers and lyrics. Also, I'm thinking this song is about suicide, a suicide pact to be more specific.

A death wish is evident in the lines: 
"Put your hand in mine
 we will go skating
 on the thinnest ice that we can find"

Honestly, see They’re like you and me Frozen when we start

My Interpretation