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You’re right, although for context the FTSE100 is below its 1999 level:

Wow. This is Japan-like scenario already. Why isn't this as widely known?

Because cherry picking dates on such a short timeline in a highly volatile market like stocks doesn't really tell you anything.

We're talking 20 years of anemic growth. I can see that FrSE kept trying to go back up but kept falling back down again and again