0:44:27 Landy @CryptoLandy: Well, insurance already dropped. Right? So insurance dropped almost immediately. Came down a few percentage points for for the war risk side of the insurance trade because, yes, insurance is traded as well. But the the biggest thing here that I would say is the reason why I was talking about that 70 to $80 kind of being one of the Goldilocks zones, not the Goldilocks zone because we could... Theoretically, we could…

0:45:18 Deer Point Macro @deerpointmacro: Yeah. Sorry. So I think on the the Dixie. Right? And, I mean, I I don't watch the Dixie a whole lot personally. Like, I kind of look more at, like, individual payers, but, you know, the Dixie... 60% of the Dixie is essentially the euro. Like, another 14% is the yen. You have, like, another 10 to 12%, which is the pound. And then, like, CAD and, like, I think there's one other sprinkled in there. I I wanna say the…

0:49:17 Ryan @Rlad1776: And and and, you know, as it relates to all things crypto or whatever, like, the the issue here is is the more risk off this capital goes, the let... You know, it it... You know, the less capital is out along the risk curve. Right? So that's why you wanna be really careful. I know this stuff sounds dry and and... Or, you know, maybe it doesn't peak your interest. But at the end of the day, like, when it's risk on…