{"id":11736,"date":"2020-09-27T07:15:10","date_gmt":"2020-09-26T22:15:10","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=11736"},"modified":"2020-10-30T17:52:48","modified_gmt":"2020-10-30T08:52:48","slug":"%e4%b8%96%e7%95%8c%e6%9c%80%e5%a4%a7%e3%81%ae%e3%83%98%e3%83%83%e3%82%b8%e3%83%95%e3%82%a1%e3%83%b3%e3%83%89-%e7%b4%99%e5%b9%a3%e5%8d%b0%e5%88%b7%e3%81%a7%e7%b5%8c%e6%b8%88%e6%88%90%e9%95%b7%e7%8e%87","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11736","title":{"rendered":"\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u7d19\u5e63\u5370\u5237\u3067\u7d4c\u6e08\u6210\u9577\u7387\u306f\u6551\u3048\u308b"},"content":{"rendered":"\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u3092\u904b\u7528\u3059\u308b\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u6012\u6d9b\u306e\u52e2\u3044\u3067\u8ad6\u8003\u3092\u30a2\u30c3\u30d7\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u3053\u3053\u3067\u306f\u9023\u65e5\u305d\u306e\u5185\u5bb9\u3092\u7d39\u4ecb\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11685\" data-type=\"post\" data-id=\"11685\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u7d19\u5e63\u306e\u5237\u308a\u904e\u304e\u3067\u30c9\u30eb\u304c\u66b4\u843d\u3059\u308b\u3068\u304d<\/a><\/li><\/ul>\n\n\n\n<p>\u30b3\u30ed\u30ca\u4ee5\u5f8c\u3001\u7d19\u5e63\u5370\u5237\u306e\u60aa\u5f71\u97ff\u3092\u61f8\u5ff5\u3059\u308b\u58f0\u306f\u7279\u306b\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3089\u306e\u9593\u3067\u5927\u304d\u304f\u3001\u30c0\u30ea\u30aa\u6c0f\u3082\u305d\u306e\u4f8b\u306b\u6f0f\u308c\u306a\u3044\u304c\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u51fa\u6765\u308b\u9650\u308a\u5ba2\u89b3\u7684\u306b\u7269\u4e8b\u3092\u898b\u308b\u8ad6\u8005\u3067\u3042\u308a\u3001\u7d19\u5e63\u5370\u5237\u306e\u826f\u3044\u90e8\u5206\u3082\u8aac\u660e\u3057\u3066\u3044\u308b\u306e\u3067\u4eca\u56de\u306f\u305d\u308c\u3092\u7d39\u4ecb\u3057\u3088\u3046\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>1970\u5e74\u4ee3\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u305d\u306e\u5f8c<\/strong><\/p>\n\n\n\n<p>\u524d\u56de\u307e\u3067\u306e\u8a18\u4e8b\u3067\u306f\u6226\u5f8c\u306b\u3042\u305f\u308b1960\u5e74\u4ee3\u306b\u65e5\u672c\u3068\u30c9\u30a4\u30c4\u306e\u7d4c\u6e08\u304c\u53f0\u982d\u3057\u3001\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u304c\u5f31\u307e\u3063\u305f\u3053\u3068\u304b\u3089\u7c73\u56fd\u653f\u5e9c\u306f\u7d19\u5e63\u3092\u5897\u5237\u3001\u7d50\u679c\u3068\u3057\u30661970\u5e74\u4ee3\u304c\u7269\u4fa1\u9ad8\u9a30\u3068\u666f\u6c17\u5f8c\u9000\u306e\u6642\u4ee3\u3068\u306a\u3063\u305f\u3053\u3068\u3092\u30c0\u30ea\u30aa\u6c0f\u304c\u7d39\u4ecb\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11715\" data-type=\"post\" data-id=\"11715\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30a4\u30f3\u30d5\u30ec\u3067\u682a\u5f0f\u5e02\u5834\u304c\u66b4\u843d\u3059\u308b\u7406\u7531<\/a><\/li><\/ul>\n\n\n\n<p>\u3053\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306e\u65ad\u56fa\u305f\u308b\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u3088\u3063\u3066\u53ce\u307e\u308a\u3001\u4e2d\u592e\u9280\u884c\u306f\u6b21\u7b2c\u306b\u91d1\u5229\u3092\u4f4e\u304f\u3057\u3066\u3044\u3063\u305f\u3002\u3057\u304b\u3057\u81a8\u5927\u306a\u50b5\u52d9\u306f\u6b8b\u3063\u305f\u307e\u307e\u3067\u3042\u308a\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u305d\u308c\u304c\u66f4\u306b\u6df1\u523b\u306a\u666f\u6c17\u5f8c\u9000\u3092\u5f15\u304d\u8d77\u3053\u3059\u3068\u4e88\u60f3\u3057\u305f\u3002\u3057\u304b\u3057\u305d\u306e\u4e88\u60f3\u306f\u5916\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u308f\u305f\u3057\u306f\u3053\u308c\u3089\u306e\u50b5\u52d9\u304c\u5927\u4e0d\u6cc1\u3092\u5f15\u304d\u8d77\u3053\u3059\u3068\u4e88\u60f3\u3057\u305f\u304c\u3001\u305d\u308c\u306f\u6765\u306a\u304b\u3063\u305f\u3002\u3057\u304b\u3082\u305d\u306e\u30b7\u30ca\u30ea\u30aa\u306b\u5927\u304d\u304f\u8ced\u3051\u305f\u305f\u3081\u306b\u81a8\u5927\u306a\u640d\u5931\u3092\u8ca0\u3063\u305f\u3002<\/p><p>\u3053\u306e\u6642\u308f\u305f\u3057\u306f\u672c\u5f53\u306b\u4e00\u6587\u7121\u3057\u306b\u306a\u308a\u3001\u751f\u6d3b\u8cbb\u3092\u5de5\u9762\u3059\u308b\u305f\u3081\u306b\u7236\u89aa\u306b4,000\u30c9\u30eb\u3092\u501f\u308a\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304b\u3063\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u904b\u7528\u8005\u306b\u3082\u305d\u3046\u3044\u3046\u6642\u4ee3\u304c\u3042\u3063\u305f\u306e\u3060\u3068\u3044\u3046\u3002\u3057\u304b\u3057\u4f55\u6545\u3053\u306e\u6642\u50b5\u52d9\u306f\u554f\u984c\u306b\u306a\u3089\u306a\u304b\u3063\u305f\u306e\u3060\u308d\u3046\u304b\uff1f\u3000\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u308f\u305f\u3057\u304c\u898b\u9003\u3057\u3001\u3053\u306e\u7d4c\u9a13\u304b\u3089\u5b66\u3093\u3060\u3053\u3068\u306f\u3001\u4e2d\u592e\u9280\u884c\u304c\u5370\u5237\u3067\u304d\u308b\u901a\u8ca8\u3067\u8ca0\u50b5\u304c\u5b58\u5728\u3059\u308b\u3068\u304d\u3001\u50b5\u52d9\u5371\u6a5f\u306f\u7ba1\u7406\u53ef\u80fd\u3067\u3042\u308a\u3001\u7d4c\u6e08\u5168\u4f53\u306e\u8105\u5a01\u3068\u306f\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u3002<\/p><p>\u4e2d\u592e\u9280\u884c\u304c\u30ed\u30fc\u30f3\u3092\u7126\u3052\u4ed8\u304b\u3057\u305f\u9280\u884c\u306b\u8cc7\u91d1\u3092\u4f9b\u7d66\u3057\u3001\u3057\u304b\u3082\u30a2\u30e1\u30ea\u30ab\u306e\u4f1a\u8a08\u57fa\u6e96\u3067\u306f\u7126\u3052\u4ed8\u3044\u305f\u30ed\u30fc\u30f3\u3092\u640d\u5931\u3068\u3057\u3066\u8a08\u4e0a\u3059\u308b\u5fc5\u8981\u304c\u306a\u304b\u3063\u305f\u305f\u3081\u3001\u3053\u308c\u3089\u306e\u3053\u3068\u306f\u51e6\u7406\u4e0d\u53ef\u80fd\u306a\u5927\u554f\u984c\u3068\u306f\u306a\u3089\u306a\u304b\u3063\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>\u8868\u6c99\u6c70\u306b\u306a\u3089\u306a\u3044\u3082\u306e\u306f\u5f53\u9762\u306e\u9593\u306f\u5b58\u5728\u3057\u306a\u3044\u3082\u540c\u3058\u3060\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u3053\u306e\u8ad6\u7406\u306f\u4e00\u898b\u7121\u8336\u82e6\u8336\u3060\u304c\u3001\u91d1\u878d\u5e02\u5834\u306b\u3068\u3063\u3066\u306f\u91cd\u8981\u3067\u3042\u308b\u3002\u91d1\u878d\u5e02\u5834\u306f\u4e00\u5ea6\u30d1\u30cb\u30c3\u30af\u306b\u306a\u308b\u3068\u554f\u984c\u3092\u5b9f\u614b\u3088\u308a\u3082\u5927\u304d\u304f\u3057\u3066\u3057\u307e\u3046\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u554f\u984c\u306f\u305d\u306e\u5f53\u9762\u306e\u9593\u306b\u8ca0\u50b5\u306e\u554f\u984c\u3092\u89e3\u6c7a\u3067\u304d\u308b\u304b\u3069\u3046\u304b\u306a\u306e\u3060\u304c\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u81a8\u5927\u306a\u8ca0\u50b5\u306f\u300c\u7f8e\u3057\u3044\u50b5\u52d9\u6574\u7406\u300d\u306b\u3088\u3063\u3066\u89e3\u6c7a\u3055\u308c\u308b\u3079\u304d\u3060\u3068\u53e3\u7656\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u308b\u306e\u3067\u3001\u6642\u9593\u3092\u7a3c\u3044\u3067\u3044\u308b\u9593\u306b\u50b5\u52d9\u3092\u4f55\u3068\u304b\u3059\u308b\u3068\u3044\u3046\u89e3\u6c7a\u6cd5\u3082\u3042\u308a\u3060\u3068\u3044\u3046\u306e\u304c\u30c0\u30ea\u30aa\u6c0f\u306e\u4e3b\u5f35\u306a\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p><strong>\u91d1\u878d\u7de9\u548c\u306e\u5bfe\u4fa1<\/strong><\/p>\n\n\n\n<p>\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306b\u3088\u308b\u5f37\u70c8\u306a\u91d1\u878d\u5f15\u304d\u7de0\u3081\u4ee5\u5f8c\u3001\u91d1\u878d\u7de9\u548c\u306b\u3088\u3063\u3066\u3059\u3079\u3066\u306f\u6551\u308f\u308c\u305f\u306e\u3060\u308d\u3046\u304b\uff1f\u3000\u7d50\u679c\u304b\u3089\u8a00\u3046\u3068\u7d4c\u6e08\u6210\u9577\u7387\u306f\u6551\u308f\u308c\u305f\u304c\u3001\u30c9\u30eb\u306f\u72a0\u7272\u306b\u306a\u3063\u305f\u3002\u4ee5\u4e0b\u304c1980\u5e74\u4ee3\u524d\u534a\u306e\u5229\u4e0b\u3052\u30c8\u30ec\u30f3\u30c9\u958b\u59cb\u4ee5\u964d\u306e\u30c9\u30eb\u5186\u306e\u63a8\u79fb\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"488\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1980-1994-usdjpy-chart.png\" alt=\"\" class=\"wp-image-11744\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1980-1994-usdjpy-chart.png 488w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1980-1994-usdjpy-chart-300x288.png 300w\" sizes=\"auto, (max-width: 488px) 100vw, 488px\" \/><\/figure>\n\n\n\n<p>\u4eca\u601d\u3044\u8fd4\u305b\u3070\u3053\u306e\u671f\u9593\u306e\u30c9\u30eb\u306e\u4e0b\u843d\u306f\u5148\u9032\u56fd\u306e\u901a\u8ca8\u3068\u306f\u601d\u3048\u306a\u3044\u6025\u843d\u3067\u3042\u308b\u3002\u30c9\u30eb\u306f\u534a\u5206\u4ee5\u4e0b\u306b\u306a\u3063\u3066\u3044\u308b\u304c\u3001\u3053\u308c\u306f\u30a2\u30e1\u30ea\u30ab\u56fd\u6c11\u306e\u8cc7\u7523\u304c\u5b9f\u8cea\u7684\u306b\u534a\u5206\u4ee5\u4e0b\u306b\u306a\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u5229\u4e0b\u3052\u958b\u59cb\u4ee5\u964d\u3001\u682a\u5f0f\u5e02\u5834\u3068GDP\u306f\u6301\u3061\u76f4\u3057\u305f\u3002\u4e21\u65b9\u3068\u3082\u30c9\u30eb\u3067\u8a08\u7b97\u3057\u3066\u3044\u308b\u306e\u3060\u304b\u3089\u5f53\u305f\u308a\u524d\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u672c\u5f53\u306fGDP\u304c\u4e0a\u304c\u3063\u305f\u306e\u3067\u306f\u306a\u304f\u3001\u30c9\u30eb\u304c\u4e0b\u304c\u3063\u305f\u306e\u3067\u3042\u308b\u3002\u540c\u3058\u671f\u9593\u306e\u30a2\u30e1\u30ea\u30ab\u306eGDP\u3092\u5186\u5efa\u3066\u3067\u8868\u8a18\u3059\u308b\u3068\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"488\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1980-1994-us-nominal-gdp-in-yen-chart.png\" alt=\"\" class=\"wp-image-11747\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1980-1994-us-nominal-gdp-in-yen-chart.png 488w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/09\/1980-1994-us-nominal-gdp-in-yen-chart-300x288.png 300w\" sizes=\"auto, (max-width: 488px) 100vw, 488px\" \/><\/figure>\n\n\n\n<p>15\u5e74\u9593\u4f55\u3082\u6210\u9577\u3057\u3066\u306a\u3069\u3044\u306a\u3044\u306e\u3067\u3042\u308b\u3002\u305d\u306e\u5f8c\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u304c\u672c\u5f53\u306e\u610f\u5473\u3067\u6210\u9577\u3092\u59cb\u3081\u308b\u306b\u306f\u30a4\u30f3\u30bf\u30fc\u30cd\u30c3\u30c8\u306e\u9686\u76db\u3092\u5f85\u305f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304b\u3063\u305f\u30021995\u5e74\u3068\u8a00\u3048\u3070Windows 95\u306e\u5e74\u3067\u3042\u308a\u3001\u3053\u306e\u9803\u304b\u3089\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u3088\u3046\u3084\u304f\u672c\u5f53\u306b\u6210\u9577\u3092\u59cb\u3081\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p><strong>\u81ea\u56fd\u901a\u8ca8\u5efa\u3066\u306e\u7e41\u6804<\/strong><\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u3046\u3057\u305f\u300c\u81ea\u56fd\u901a\u8ca8\u5efa\u3066\u306e\u7e41\u6804\u300d\u306e\u6642\u671f\u306b\u304a\u3051\u308b\u8cc7\u7523\u9632\u885b\u306b\u3064\u3044\u3066\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u901a\u8ca8\u306e\u4fa1\u5024\u304c\u5b89\u3051\u308c\u3070\u5b89\u3044\u307b\u3069\u8cc7\u7523\u4fa1\u683c\u306f\u9ad8\u304f\u306a\u308b\u3002<\/p><p>\u3088\u3063\u3066\u4e2d\u592e\u9280\u884c\u304c\u5927\u91cf\u306e\u8cc7\u91d1\u3068\u4fe1\u7528\u3092\u4f9b\u7d66\u3057\u3001\u305d\u306e\u4fa1\u5024\u3092\u5f31\u3081\u3066\u3044\u308b\u3068\u304d\u306b\u306f\u601d\u3044\u5207\u3063\u3066\u8cc7\u7523\u3092\u4fdd\u6709\u3059\u308b\u306e\u304c\u8ce2\u660e\u3060\u3068\u8a00\u3048\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3057\u304b\u3057\u554f\u984c\u306f\u3069\u3093\u306a\u7a2e\u985e\u306e\u8cc7\u7523\u3092\u8cb7\u3048\u3070\u826f\u3044\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u4e00\u756a\u6700\u521d\u306b\u601d\u3044\u3064\u304f\u306e\u306f\u682a\u5f0f\u3060\u308d\u3046\u304c\u3001\u3053\u3046\u3057\u305f\u6642\u671f\u306b\u306f\u682a\u5f0f\u3082\u554f\u984c\u3092\u62b1\u3048\u305f\u306e\u306f\u524d\u56de\u8aac\u660e\u3057\u305f\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11715\" data-type=\"post\" data-id=\"11715\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30a4\u30f3\u30d5\u30ec\u3067\u682a\u5f0f\u5e02\u5834\u304c\u66b4\u843d\u3059\u308b\u7406\u7531<\/a><\/li><\/ul>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306b\u3068\u3063\u3066\u682a\u5f0f\u306f\u8cb7\u3044\u306a\u306e\u3060\u308d\u3046\u304b\u3002\u4e8b\u5b9f\u306f\u4f55\u304b\u3068\u8a00\u3048\u3070\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u30b3\u30ed\u30ca\u5f8c\u306e\u682a\u9ad8\u3067\u3082\u7c73\u56fd\u682a\u306f\u8cb7\u3063\u3066\u3044\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11643\" data-type=\"post\" data-id=\"11643\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001\u30b3\u30ed\u30ca\u682a\u9ad8\u3067\u3082\u7c73\u56fd\u682a\u8cb7\u3044\u5897\u3055\u305a<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u30c0\u30ea\u30aa\u6c0f\u306f\u901a\u8ca8\u306e\u66b4\u843d\u3092\u61f8\u5ff5\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11685\" data-type=\"post\" data-id=\"11685\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u7d19\u5e63\u306e\u5237\u308a\u904e\u304e\u3067\u30c9\u30eb\u304c\u66b4\u843d\u3059\u308b\u3068\u304d<\/a><\/li><\/ul>\n\n\n\n<p>\u3053\u3053\u307e\u3067\u8003\u3048\u308c\u3070\u30c0\u30ea\u30aa\u6c0f\u306e\u8003\u3048\u3066\u3044\u308b\u3053\u3068\u304c\u5206\u304b\u3063\u3066\u304d\u305d\u3046\u306a\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306b\u4f55\u5ea6\u3082\u8a00\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u306b\u3088\u308b\u672a\u66fe\u6709\u306e\u898f\u6a21\u306e\u666f\u6c17\u5f8c\u9000\u3067\u682a\u5f0f\u3082\u50b5\u5238\u3082\u70ba\u66ff\u3082\u7121\u4e8b\u3060\u3068\u3044\u3046\u30b7\u30ca\u30ea\u30aa\u306f\u6709\u308a\u5f97\u306a\u3044\u3002\u3069\u308c\u304b\u306f\u72a0\u7272\u306b\u306a\u3089\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3067\u306f\u30c0\u30ea\u30aa\u6c0f\u306f\u3069\u308c\u304c\u72a0\u7272\u306b\u306a\u308b\u3068\u8003\u3048\u3066\u3044\u308b\u306e\u304b\u3068\u8a00\u3048\u3070\u3001\u305d\u308c\u306f\u6050\u3089\u304f\u70ba\u66ff\u306a\u306e\u3060\u308d\u3046\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u660e\u3089\u304b\u306b\u30c9\u30eb\u66b4\u843d\u306b\u3088\u308b\u30a2\u30e1\u30ea\u30ab\u306e\u51cb\u843d\u3092\u8003\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10592\" data-type=\"post\" data-id=\"10592\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u4e2d\u56fd\u304c\u8987\u6a29\u3092\u63e1\u308a\u30c9\u30eb\u306f\u57fa\u8ef8\u901a\u8ca8\u3067\u306a\u304f\u306a\u308b<\/a><\/li><\/ul>\n\n\n\n<p>1980\u5e74\u4ee5\u5f8c\u306e\u30c8\u30ec\u30f3\u30c9\u304c15\u5e74\u306e\u3082\u306e\u3060\u3063\u305f\u3053\u3068\u3092\u8003\u3048\u308c\u3070\u3001\u30c0\u30ea\u30aa\u6c0f\u306e\u8ced\u3051\u306f\u304b\u306a\u308a\u9577\u671f\u306e\u3082\u306e\u3068\u306a\u308a\u305d\u3046\u3067\u3042\u308b\u3002\u308f\u308c\u308f\u308c\u3082\u540c\u3058\u30b9\u30d1\u30f3\u3067\u7269\u4e8b\u3092\u8003\u3048\u308b\u3079\u304d\u306a\u306e\u3060\u308d\u3046\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u3092\u904b\u7528\u3059\u308b\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u6012\u6d9b\u306e\u52e2\u3044\u3067\u8ad6\u8003\u3092\u30a2\u30c3\u30d7\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u3053\u3053\u3067\u306f\u9023\u65e5\u305d\u306e\u5185\u5bb9\u3092\u7d39\u4ecb\u3057\u3066\u3044\u308b\u3002 \u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u7d19\u5e63\u306e\u5237\u308a\u904e\u304e\u3067\u30c9\u30eb\u304c\u66b4\u843d\u3059\u308b\u3068\u304d \u30b3\u30ed\u30ca\u4ee5 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11736\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u7d19\u5e63\u5370\u5237\u3067\u7d4c\u6e08\u6210\u9577\u7387\u306f\u6551\u3048\u308b<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,111],"tags":[102],"class_list":["post-11736","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/11736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=11736"}],"version-history":[{"count":23,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/11736\/revisions"}],"predecessor-version":[{"id":11761,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/11736\/revisions\/11761"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=11736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=11736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=11736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}