{"id":31557,"date":"2022-12-04T20:04:00","date_gmt":"2022-12-04T11:04:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=31557"},"modified":"2022-12-04T12:50:56","modified_gmt":"2022-12-04T03:50:56","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%e3%80%81%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e6%b8%9b%e9%80%9f%e3%82%92%e4%ba%88%e6%83%b3","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31557","title":{"rendered":"\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001\u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u3092\u4e88\u60f3\u3067\u304d\u305a\u5927\u640d\u306e\u6a21\u69d8"},"content":{"rendered":"\n<p>\u4eca\u5e74\u306e\u524d\u534a\u306b\u306f\u682a\u4fa1\u6025\u843d\u4e88\u60f3\u3092\u7684\u4e2d\u3055\u305b\u5927\u304d\u306a\u5229\u76ca\u3092\u4e0a\u3052\u305f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u904b\u7528\u3059\u308b\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u304c\u3001\u7b2c4\u56db\u534a\u671f\u306b\u306f13.2%\u306e\u640d\u5931\u3092\u51fa\u3057\u305f\u3089\u3057\u3044\u3002Bloomberg\u304c\u5831\u3058\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u4e88\u60f3\u3092\u7684\u4e2d\u3055\u305b\u305f\u30c0\u30ea\u30aa\u6c0f<\/strong><\/p>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u3044\u3064\u3082\u76f8\u5834\u89b3\u3092\u7d39\u4ecb\u3057\u3066\u3044\u308b\u30c0\u30ea\u30aa\u6c0f\u3060\u304c\u3001\u5f7c\u306f2022\u5e74\u306e\u7269\u4fa1\u9ad8\u9a30\u306e\u72b6\u6cc1\u3092\u3044\u3061\u65e9\u304f\u4e88\u60f3\u3057\u305f\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306e1\u4eba\u3067\u3082\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30a6\u30af\u30e9\u30a4\u30ca\u60c5\u52e2\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u539f\u56e0\u3060\u3068\u601d\u3063\u3066\u3044\u308b\u4eba\u306b\u306f\u610f\u5473\u4e0d\u660e\u3060\u308d\u3046\u304c\u3001\u5f7c\u306f2020\u5e749\u6708\u306e\u6642\u70b9\u30672022\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u682a\u5b89\u76f8\u5834\u3092\u4e88\u60f3\u3057\u30011970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u4ee3\u306e\u682a\u5f0f\u76f8\u5834\u306e\u7814\u7a76\u3092\u59cb\u3081\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<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 (2020\/9\/24)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3082\u3061\u308d\u3093\u73fe\u5728\u306e\u30a4\u30f3\u30d5\u30ec\u306e\u539f\u56e0\u306f\u5f53\u6642\u884c\u308f\u308c\u305f\u73fe\u91d1\u7d66\u4ed8\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/30188\" data-type=\"post\" data-id=\"30188\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u30d7\u30fc\u30c1\u30f3\u6c0f\u304c\u5f15\u304d\u8d77\u3053\u3057\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u30a4\u30f3\u30d5\u30ec\u306e\u672c\u5f53\u306e\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u304b\u3089\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3001\u305d\u3057\u3066\u682a\u4fa1\u4e0b\u843d\u3078\u306e\u30b7\u30ca\u30ea\u30aa\u30922\u5e74\u524d\u304b\u3089\u5f85\u3061\u69cb\u3048\u3066\u3044\u305f\u30c0\u30ea\u30aa\u6c0f\u306f\u3001\u5f53\u7136\u306a\u304c\u30892022\u5e74\u524d\u534a\u306e\u682a\u4fa1\u6025\u843d\u3092\u898b\u4e8b\u306b\u6349\u3048\u3001\u534a\u5e74\u306732%\u3068\u3044\u3046\u9a5a\u7570\u7684\u306a\u5229\u76ca\u3092\u4e0a\u3052\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/26110\" data-type=\"post\" data-id=\"26110\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001\u30a4\u30f3\u30d5\u30ec\u66b4\u843d\u76f8\u5834\u3067\u534a\u5e74\u306732%\u306e\u7206\u76ca<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>2022\u5e74\u5f8c\u534a\u306e\u30c0\u30ea\u30aa\u6c0f<\/strong><\/p>\n\n\n\n<p>2022\u5e74\u524d\u534a\u306e\u6642\u70b9\u3067\u306f\u3001\u7b46\u8005\u3092\u542b\u3080\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3089\u306f\u91d1\u5229\u4e0a\u6607\u3068\u682a\u5b89\u3092\u4e88\u60f3\u3059\u308b\u3068\u3044\u3046\u70b9\u3067\u5168\u54e1\u4e00\u81f4\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18367\" data-type=\"post\" data-id=\"18367\">2022\u5e74\u306e\u682a\u5f0f\u5e02\u5834\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3067\u66b4\u843d\u3059\u308b (2022\/1\/6)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/25236\" data-type=\"post\" data-id=\"25236\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u682a\u5f0f\u3068\u50b5\u5238\u3092\u5927\u91cf\u7a7a\u58f2\u308a\u306b\u6210\u529f\u3000\u682a\u5b89\u306f\u7d9a\u304f<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19860\" data-type=\"post\" data-id=\"19860\">\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3001\u682a\u4fa1\u6025\u843d\u524d\u306bNasdaq\u3092\u7a7a\u58f2\u308a\u6210\u529f<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c2022\u5e74\u5f8c\u534a\u306b\u5165\u308b\u3068\u610f\u898b\u304c\u5206\u304b\u308c\u59cb\u3081\u305f\u3002\u7279\u306b\u91cd\u8981\u306a\u306e\u306f\u91d1\u5229\u304c\u3069\u3053\u307e\u3067\u4e0a\u304c\u308b\u304b\u306b\u3064\u3044\u3066\u306e\u4e88\u60f3\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3084\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306a\u3069\u306e\u50b5\u5238\u6295\u8cc7\u5bb6\u306f\u5229\u4e0a\u3052\u306f\u884c\u304d\u904e\u304e\u3067\u3042\u308b\u3068\u4e3b\u5f35\u3057\u3001\u9577\u671f\u91d1\u5229\u4f4e\u4e0b\u3092\u4e88\u60f3\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/28074\" data-type=\"post\" data-id=\"28074\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u7d4c\u6e08\u306f\u98a8\u524d\u306e\u706f\u3001\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u30b9\u30ed\u30fc\u30c0\u30a6\u30f3\u3059\u3079\u304d<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u4e00\u65b9\u3067\u30c0\u30ea\u30aa\u6c0f\u306f\u8457\u540d\u6295\u8cc7\u5bb6\u306e\u4e2d\u3067\u3082\u304b\u306a\u308a\u306e\u9ad8\u91d1\u5229\u3092\u4e88\u60f3\u3059\u308b\u8ad6\u8005\u3068\u306a\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/30724\" data-type=\"post\" data-id=\"30724\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u91d1\u5229\u306f6%\u307e\u3067\u4e0a\u6607\u3057\u682a\u4fa1\u306f\u66f4\u306b\u4e0b\u843d\u3078<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u91d1\u5229\u306f\u3082\u3061\u308d\u3093\u30a4\u30f3\u30d5\u30ec\u7387\u6b21\u7b2c\u306a\u306e\u3067\u3001\u9ad8\u30a4\u30f3\u30d5\u30ec\u7d99\u7d9a\u306a\u3089\u9ad8\u91d1\u5229\u3001\u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u306a\u3089\u91d1\u5229\u3082\u843d\u3061\u7740\u304f\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u7b46\u8005\u304c\u3069\u3046\u4e88\u60f3\u3057\u3066\u3044\u305f\u304b\u3068\u8a00\u3048\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u3092\u4e88\u60f3\u3057\u3066\u4f4e\u91d1\u5229\u306b\u53cd\u5fdc\u3057\u3084\u3059\u3044\u30b4\u30fc\u30eb\u30c9\u306e\u8cb7\u3044\u309210\u6708\u306b\u4ed5\u8fbc\u3093\u3067\u6e96\u5099\u3092\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/29089\" data-type=\"post\" data-id=\"29089\">\u30b4\u30fc\u30eb\u30c9\u306e\u8cb7\u3044\u958b\u59cb\u3001\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u30c8\u30ec\u30fc\u30c9\u518d\u958b (2022\/10\/4)<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>10\u6708\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u6025\u6e1b\u901f<\/strong><\/p>\n\n\n\n<p>\u305d\u3057\u3066\u5be9\u5224\u306e\u65e5\u306f\u3084\u3063\u3066\u304d\u305f\u300211\u670810\u65e5\u306b10\u6708\u5206\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u6025\u6e1b\u901f\u304c\u767a\u8868\u3055\u308c\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/30580\" data-type=\"post\" data-id=\"30580\">10\u6708\u7c73\u30a4\u30f3\u30d5\u30ec\u7387\u306f7.8%\u306b\u6025\u6e1b\u901f\u3001\u30c9\u30eb\u9ad8\u76f8\u5834\u306e\u7d42\u7109<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u3053\u308c\u306b\u53cd\u5fdc\u3057\u3066\u4e0b\u843d\u3092\u958b\u59cb\u3057\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-us-10-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-us-10-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-31567\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-us-10-year-treasury-bond-yield-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-us-10-year-treasury-bond-yield-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u9ad8\u91d1\u5229\u306b\u982d\u3092\u62bc\u3055\u3048\u3064\u3051\u3089\u308c\u3066\u304d\u305f\u7c73\u56fd\u682a\u306f\u53cd\u767a\u3067\u53cd\u5fdc\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-31568\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-s-and-p-500-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-s-and-p-500-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u305d\u3057\u3066\u91d1\u5229\u4f4e\u4e0b\u3092\u53d7\u3051\u3066\u30c9\u30eb\u306f\u6025\u843d\u3057\u305f\u3002\u4ee5\u4e0b\u306f\u30c9\u30eb\u5186\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-usdjpy-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-usdjpy-chart.png\" alt=\"\" class=\"wp-image-31569\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-usdjpy-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/12\/2022-12-4-usdjpy-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u30c9\u30eb\u5b89\u306f\u30b4\u30fc\u30eb\u30c9\u3078\u306e\u8cc7\u91d1\u9003\u907f\u3082\u4fc3\u3057\u3001\u91d1\u4fa1\u683c\u3082\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002\u305d\u308c\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3092\u53c2\u8003\u306b\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31469\" data-type=\"post\" data-id=\"31469\">2023\u5e74\u91d1\u4fa1\u683c\u63a8\u79fb\u898b\u901a\u3057: \u91d1\u4fa1\u683c\u4e0a\u6607\u306e\u7406\u7531\u3068\u30c9\u30eb\u66b4\u843d\u4e88\u60f3<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u7d50\u679c\u3068\u3057\u3066Bridgewater\u306f\u7b2c4\u56db\u534a\u671f\u306b\u5165\u3063\u3066\u304b\u308913.2%\u306e\u640d\u5931\u3092\u8a08\u4e0a\u3057\u3001\u4eca\u5e74\u524d\u534a\u307e\u3067\u306f32%\u3060\u3063\u305f\u306f\u305a\u306e\u5e74\u59cb\u304b\u3089\u306e\u30ea\u30bf\u30fc\u30f3\u306f11\u670825\u65e5\u6642\u70b9\u30676%\u307e\u3067\u843d\u3061\u8fbc\u3093\u3067\u3044\u308b\u305d\u3046\u3060\u3002<\/p>\n\n\n\n<p>\u91d1\u5229\u4e0a\u6607\u7d99\u7d9a\u3092\u4e88\u60f3\u3057\u3066\u3044\u305f\u30c0\u30ea\u30aa\u6c0f\u306f\u3001\u91d1\u5229\u4f4e\u4e0b\u3001\u682a\u9ad8\u3001\u30c9\u30eb\u5b89\u306e\u6d41\u308c\u3092\u8aad\u307f\u304d\u308c\u306a\u304b\u3063\u305f\u3082\u306e\u3068\u601d\u308f\u308c\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u5b9f\u969b\u306b\u306f\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u3053\u307e\u3067\u306e\u6d41\u308c\u3092\u4e88\u60f3\u3057\u3066\u3044\u305f\u306f\u305a\u3067\u3042\u308b\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u30b3\u30ed\u30ca\u5f8c\u306e\u6d41\u308c\u304c\u6700\u7d42\u7684\u306b\u306f\u30c9\u30eb\u5b89\u306b\u7e4b\u304c\u308b\u3053\u3068\u30922020\u5e74\u306e\u6642\u70b9\u3067\u3044\u3061\u65e9\u304f\u8b66\u544a\u3057\u3066\u3044\u305f\u306e\u304c\u30c0\u30ea\u30aa\u6c0f\u3060\u3063\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11762\" data-type=\"post\" data-id=\"11762\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30c9\u30eb\u304c\u4e0b\u843d\u3057\u305f\u3089\u30a2\u30e1\u30ea\u30ab\u306f\u7d42\u308f\u308a (2020\/10\/2)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u305d\u308c\u3092\u5f85\u3061\u69cb\u3048\u3066\u3044\u305f\u3002\u7b46\u8005\u3082\u305d\u308c\u3092\u5f85\u3061\u69cb\u3048\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/25558\" data-type=\"post\" data-id=\"25558\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u4eca\u5f8c6\u30f6\u6708\u3067\u30c9\u30eb\u7a7a\u58f2\u308a\u3078 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class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/6483\" data-type=\"post\" data-id=\"6483\">\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u3001\u30bd\u30ed\u30b9\u6c0f\u306e\u30c8\u30ec\u30fc\u30c9\u306e\u624d\u80fd\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u5f7c\u306e\u7814\u7a76\u306f\u305d\u308c\u3092\u8aad\u3093\u3067\u3044\u308b\u7b46\u8005\u306a\u3069\u306b\u306f\u975e\u5e38\u306b\u5f79\u306b\u7acb\u3064\u3060\u3051\u306b\u3001\u5f7c\u81ea\u8eab\u306e\u30ea\u30bf\u30fc\u30f3\u306b\u7e4b\u304c\u3063\u3066\u3044\u306a\u3044\u306e\u304c\u6b8b\u5ff5\u3067\u306a\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u4eca\u306e\u72b6\u6cc1\u3060\u3051\u3067\u30c0\u30ea\u30aa\u6c0f\u3092\u8a55\u4fa1\u3059\u308b\u306e\u306f\u30d5\u30a7\u30a2\u3067\u306f\u306a\u3044\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u5e02\u5834\u306f\u307e\u30602023\u5e74\u306e\u7d4c\u6e08\u72b6\u6cc1\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3044\u306a\u3044\u3002\u682a\u9ad8\u306b\u6e67\u3044\u3066\u3044\u308b\u5e02\u5834\u306f\u3001\u682a\u4fa1\u304c\u6551\u308f\u308c\u3066\u30a4\u30f3\u30d5\u30ec\u3082\u53ce\u307e\u308b\u3068\u3044\u3046\u30b7\u30ca\u30ea\u30aa\u3092\u4fe1\u3058\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u30c0\u30ea\u30aa\u6c0f\u306e\u512a\u308c\u305f\u5206\u6790\u306b\u3088\u308c\u3070\u305d\u308c\u306f\u6709\u308a\u5f97\u306a\u3044\u3002\u8aad\u8005\u3082\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3092\u8aad\u3093\u3067\u5f7c\u306e\u5206\u6790\u3092\u5224\u5b9a\u3057\u3066\u307f\u3066\u307b\u3057\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/21458\" data-type=\"post\" data-id=\"21458\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: 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