Shot By Both Sides Lyrics

Lyric discussion by SelvaOscura 

Cover art for Shot By Both Sides lyrics by Magazine

To add to the previous interpretations, importantly, the last line says "We must have come to a secret understanding" - meaning now the protagonist has in fact become part of that previously was "They".. This could be capturing how in the end he ends up belonging ("lose myself") to a side after all, despite any efforts. You live and learn, you have no choice.

My Interpretation