Simply put, this song is about robbing a bank. Stuart wrote the words, we all wrote the music...

Lyrics

Well I looked at you and you said ‘let’s do it’

And we walked into the bank

I knew as soon as you pulled the gun

it was a bad idea, a stupid plan...

‘Pay Up’, as you pointed the pistol,

I turned to ice inside,

The cashier started loading the gear

and someone started to cry...

('chorus')

Shit happens

The cash was in the bag

but I still had nagging doubts

We backed towards the door

never saw the man whose gun was out

One shout, two shots and a stagger

I didn’t see him fall
You pulled, I pushed and we both panicked

then we were out the door

Shit Happens

(middle '8')

Of course the men outside were on to us,

They had cars and gas and guns

So fast we never had a chance,

we were fugitives wanted on the run.

Misunderstood what they were shouting,

One trigger-happy cop turned around,

Although in slow motion, I saw you drop.

Shit happens...