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Is There a False Sense of Security?
i think we have a false sense of security this market is like, healthy. We're pretty much saying that the chances of these events occurring because of this deteriorating market micro structure become significantly higher in this regime. So i think there are factors like this that t people have to understand when they think about the structural implications under the hood. I feel lik i said this nlike every podcast now. But as a valgi, you know, i deftly want to emphasize that we're not permabers, rigt.