In 'Flashing Lights' by Kanye West feat. Dwele, the song explores themes of fame, relationships, and self-reflection. The flashing lights symbolize the allure and pitfalls of fame, while the references to Katrina, Martin, and Gina evoke feelings of loss, nostalgia, and longing. The lyrics depict a complex mix of emotions, from regret and yearning to a desire for connection and understanding in the midst of fame and personal struggles.