Then I began to fall so low
'Cause no, no, nobody knows you
In your pocket, not one penny
When you finally get back upon your feet again
Bought bootleg whiskey, champagne and wine
I said, "It's mighty strange, without a doubt
Everybody wants to be your old long-lost friend
Nobody knows you, nobody knows you
Said, "It's mighty strange, yeah
Took all my friends out for a good time
If I get my hands on a dollar again
Nobody knows you when you're down and out, yeah"
And as for friends, you don't have any
Everybody wants to be your good old long-lost friend
I'm gonna hang on to it till that eagle grins
Lost all my good friends, I did not have nowhere to go
When you're down and out
When you finally get back upon your feet again