From top to bottom: Three hairs remain. Which ever way you juggle it, it's a countdown to baldness.
La bruja tiene tres pelos / Tres pelos tiene la bruja / Si no tuviera tres pelos / Ya no sería la bruja
It is a countdown song in that it's supposed to be repeated dropping one word at a time, until none of the song remains. We have met the enemy, and he is us — Pogo