u/DiMae123456789

https://youtu.be/ZQnOg5lss2A?si=zjjmx9rgs9vPkkud

This nursery rhyme is referenced in a K-pop song I like, but I only know the meaning of the first line (Coca-Cola mashita = Coca-Cola is tasty) and was wondering if anyone could understand the rest of this. Thank you!