The song focuses on the decline of the British manufacturing industry in the 1980s. The song focuses on strikes, depression and disfunctionality.
The title of what later became an AC/DC song is mentioned in the lyrics: "Thunderstruck."
The reference to "brewers droop" as a medical condition is an in-joke, referring both to the effect of alcohol on libido and to the band of the same name that Mark Knopfler played in prior to Dire Straits.
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