It's a common expression used to express a hope or desire for something to be possible. The literal translation would be "I desire that we can."
Here are some examples of how it can be used in a sentence:
* Deseo que podamos ir de vacaciones juntos. (I wish that we can go on vacation together.)
* Deseo que podamos resolver este problema. (I wish that we can solve this problem.)
* Deseo que podamos tener un futuro mejor. (I wish that we can have a better future.)
Let me know if you have any other Spanish phrases you'd like me to translate!