((output
  (((f.ml (1 0) (1 25))
    (paragraph
     (((f.ml (1 0) (1 25))
       (link foo
        (((f.ml (1 8) (1 24))
          (emphasis
           (((f.ml (1 11) (1 23))
             (emphasis (((f.ml (1 19) (1 22)) (word baz))))))))))))))))
 (warnings
  ( "File \"f.ml\", line 1, characters 11-23:\
   \n'{{:...} ...}' (external link) is not allowed in '{{:...} ...}' (external link).")))
