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Wolf Parade – I'll Believe in Anything Lyrics 18 years ago
To me, this song is being sung by a recovered (recovering) heroin addict to another heroin addict that he unequivocally loves and wants to save.

"We've both been very brave
Walk around with both legs
Fight the scary day"

Refers to the courage required to face life's difficulties by walking through it, putting one foot in front of the other, or "with both legs".

"We both pull the tricks out of our sleeves."

Means, we've both dealt with these hardships by shooting heroin.

"If I could take the fire out from the wire
I'd share a life and you'd share a life"

Means, taking the rush, the high and the need for it out of the needle of the syringe. With the need for heroin gone we could share each other's lives.

"and I could take another hit for you
and I could take away your trips from you"

This reinforces his desire to get her free from addiction because he loves her.

The rest of the song seems obvious.

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