Black Balloon은 일반적으로 사랑하는 사람이 자신을 망가뜨려 가는 걸 보면서도 아무리 노력해도 도와줄 수 없는 것을 얘기하는 노래라고 생각됩니다. 또 많은 이들이 더 구체적으로는 헤로인(마약)에 관한 것이라고 생각합니다. (가사 보면 그런 흔적이 많이 보여요)

Baby's black balloon makes her fly

I almost fell into that hole in your life

And you weren't thinking about tomorrow

'Cause you were the same as me but on your knees

A thousand other boys could never reach you

How could I have been one

I saw the world spin beneath you

And scatter like ice from the spoon that was your womb

Coming down the world turned over

and angels fall without you there

and I go on as you get colder

or are you someone's prayer

You know the lies they always told you

and the love you never knew

what's the things they never showed you

that swallowed the light from the sun

inside your room

And there's no time left for losing

When you stand they fall

Coming down the world turned over

And angels fall without you there

And I go on as you grow colder

All because I'm...

Coming down the world turned over

And angels fall without you there

And I'll go on and I'll lead you home and

All because I'm

All because I'm

And I'll become

What you became to me