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Regardless of how serious it is, I dunno how you can think Punk looks like anything except a seething gotten to retard in this situation. He gets right in Perry's face, clearly intending to start something and Perry just stands there, talking to him for like a full minute and never attempts to blow him off or walk away or touch him or anything.
And this was over Perry making a single comment, something Punk did constantly to other people in AEW.