The phrase cutting it close is a common English idiom for finishing or escaping something with almost no time or margin to spare, and the clip built around it has circulated as a ready made reaction for close call videos. Short form editors use it as punctuation rather than explanation, dropping it in at the reveal so viewers share the relief instantly. Its appeal is its clarity: no setup, character or backstory is needed, which helps it fit gaming, sports, pranks and everyday fail compilations equally well online today.