0:27:20 NatNat @Natnatx007 (speaker unconfirmed): Right. So in the TradFi world, we saw the bleeding begin Friday after the unemployment report. Remember last week, we mentioned keep an eye on these reports, guys, because it's important. So what happened is there's something called the SAM rule. Okay? So the SAM rule is it signals onset of recession when the three months average unemployment rate rises above 0.5 percentage points, and that's where it came in on…

0:31:19 Dave @DCBK2LA (speaker unconfirmed): I love that, Nat. I love it. And for those that are wondering, like, what the carry trade is, right, like, that's a really big thing on Wall Street. Right? So, essentially, what you do with the carry trade, like, it's a currency trade. Right? So let's just say, for example, like, you borrow, like, the yen. Right? Because traditionally, like, it's been... Japan has been known to have, like, the lowest interest rate…

0:33:33 NatNat @Natnatx007 (speaker unconfirmed): Yeah. The other thing about the yen is in order for them to save the yen from completely disastrous level, they have to dump US treasuries, and that just adds to the sell pressure in the American market.