Паскуда is a colloquial and somewhat strong word that translates to "scoundrel" or "jerk." It's not a common, everyday term you'd find in every song, making it quite distinctive.
In the context of this song, the speaker uses it to describe himself from the perspective of his partner, saying, "Я для тебе паскуда" (I am a scoundrel to you). This self-deprecating and raw admission highlights the tumultuous nature of their relationship and adds a layer of intense emotion to the lyrics.
"Люба" (Liuba) is a breakup song told from the point of view of someone walking away from a relationship that has turned bitter. It opens with broken dishes and a fight that feels routine, "everything as usual", and the narrator admits he has become someone his partner resents.
The chorus repeats a plea to let go: he tells Liuba to forget him, insisting he was never the prince from her dreams and that her tears should stop falling. The verses describe a love-hate push and pull, hating and being jealous one moment, kissing the next, and a photo frame that keeps getting crushed no matter how many times they try to fix things.
He calls it a sick love that has run its course and should simply end, closing the song back where it started, with the same broken dishes and the same tired routine.