Its a story about lost love and missed chances. The man is living in the streets in a cardboard box. Its freezing cold, snowy winter in the city. Any city. His lover he lost some time ago for unknown reasons, is a successful woman living on easy street. What ever happened, the man lost it all when he lost her. When the singer tries to offer him his over coat the vagrant politely refuses. He speaks with words the singer seldom uses because he is obviously educated albeit down on his luck and broken hearted. He lives his life shuffling through the city streets reliving the past and wishing had made better choices or maybe that he had treated this lost love better than he had. He has made his choices and know he must live with the hand he has opted to play. I feel that she is constantly on his mind the "what ifs" and "if only's" haunt him at every turn. He has opted that if he can't have her he will walk these streets until he dies. Riding out the storm that he has brought on himself.