We make laughter of odd and even momentous strife.
This really can be taken as either laugh or cry, or laugh in ignorance. I myself am feeling tonight that if I don't laugh, I'll cry. So I will keep your words as this, though Im sure you probably meant it as something flirty seeing as you are embracing abandonment. Throwing caution to the wind.
I like how this could be perceived as something sad or something reckless.