Lyrics:

Once I lived the life of a millionaire
Spent all my money, I just did not care
Took all my friends out for a good time
Bought bootleg whiskey, champagne and wine

Then I began to fall so low
Lost all my good friends, I did not have nowhere to go
If I get my hands on a dollar again
I'm gonna hang on to it 'til that eagle grins, yeah

'Cause no, no, nobody knows you
When you're down and out
In your pocket, not one penny
And as for friends, you don't have any
When you finally get back up on your feet again
Everybody wants to be your old long-lost friend
Said it's mighty strange, without a doubt
Nobody knows you when you're down and out

But when you finally get back up on your feet again
Everybody wants to be your good old long-lost friend
Said it's mighty strange, yeah
Nobody knows you
Nobody knows you
Nobody knows you when you're down and out