Lyric discussion by MarkBehets 

Cover art for Treaty lyrics by Leonard Cohen

With regard to following verses: They’re dancing in the street, it’s Jubilee We sold ourselves for love but now we’re free

I found that Jubilee is a Jewish celebration where all slaves are set free. But why says Cohen in the next verse ‘we’? Does he mean ‘me and God’ as the whole song is about him and God? How can God sell himself and thereafter become free?