This verse could either be told from the Pharaoh of the previous lines, dreaming of the future of his kingdom with Cleopatra at his side — or it could be her new lover, trying to woo her away with promises of the future
Additionally, it can be understood to describe the “modern-day America” timeline which occurs later in the song (so from the narrator’s perspective, the future) in antiquated terms. It would then refer to dancers at a strip club. As evidence for this interpretation, notice the reference to chandeliers, which would seem out of place in ancient Egypt.
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