{"id":34278,"date":"2023-03-04T20:02:00","date_gmt":"2023-03-04T11:02:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=34278"},"modified":"2023-03-04T00:43:16","modified_gmt":"2023-03-03T15:43:16","slug":"%e3%83%9d%e3%83%bc%e3%83%ab%e3%82%bd%e3%83%b3%e6%b0%8f-%e6%88%90%e5%8a%9f%e3%81%af%e7%b4%99%e5%b9%a3%e5%8d%b0%e5%88%b7%e3%81%a7%e3%81%af%e3%81%aa%e3%81%8f%e6%95%99%e8%82%b2%e3%81%a8%e5%8b%a4%e5%8b%89","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/34278","title":{"rendered":"\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f: \u6210\u529f\u306f\u7d19\u5e63\u5370\u5237\u3067\u306f\u306a\u304f\u6559\u80b2\u3068\u52e4\u52c9\u3055\u304b\u3089\u751f\u307e\u308c\u308b"},"content":{"rendered":"\n<p>\u9577\u3089\u304f\u7d9a\u3044\u3066\u3044\u305f\u30a2\u30e9\u30f3\u30fb\u30a8\u30eb\u30ab\u30f3\u6c0f\u306b\u3088\u308b\u30b8\u30e7\u30f3\u30fb\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f\u306e\u9577\u7de8\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u306e\u6700\u5f8c\u306e\u8a18\u4e8b\u3068\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u56de\u306f\u30b3\u30ed\u30ca\u5f8c\u306e\u653f\u5e9c\u306e\u7d4c\u6e08\u653f\u7b56\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3059\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30b3\u30ed\u30ca\u5f8c\u306e\u7de9\u548c\u653f\u7b56<\/strong><\/p>\n\n\n\n<p>2020\u5e74\u3001\u30b3\u30ed\u30ca\u7b2c1\u6ce2\u306b\u304a\u3051\u308b\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u3067\u5148\u9032\u56fd\u7d4c\u6e08\u306f\u5927\u304d\u306a\u30c0\u30e1\u30fc\u30b8\u3092\u53d7\u3051\u305f\u3002\u3053\u308c\u306b\u5bfe\u3057\u3066\u65e5\u672c\u3067\u3082\u30a2\u30e1\u30ea\u30ab\u3067\u3082\u3001\u653f\u5e9c\u3068\u4e2d\u592e\u9280\u884c\u306f\u7d19\u5e63\u5370\u5237\u3068\u73fe\u91d1\u7d66\u4ed8\u3067\u5bfe\u5fdc\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u3067\u306f\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u304c3\u670823\u65e5\u306b\u7121\u5236\u9650\u306e\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3057\u3066\u3044\u308b\u304c\u3001\u5b9f\u306f\u3053\u306e\u63aa\u7f6e\u306f\u5f53\u6642\u306e\u682a\u4fa1\u306e\u66b4\u843d\u3092\u6b62\u3081\u308b\u3053\u3068\u304c\u51fa\u6765\u305a\u3001\u4e00\u5b9a\u671f\u9593\u682a\u4fa1\u306f\u305d\u306e\u307e\u307e\u843d\u3061\u7d9a\u3051\u305f\u3002\u5f53\u6642\u306e\u76f8\u5834\u3092\u77e5\u3089\u306a\u3044\u8aad\u8005\u306b\u306f\u3001\u5f53\u6642\u306e\u8a18\u4e8b\u304b\u3089\u30ea\u30a2\u30eb\u30bf\u30a4\u30e0\u306e\u96f0\u56f2\u6c17\u3092\u8aad\u307f\u53d6\u3063\u3066\u307f\u308b\u306e\u3082\u9762\u767d\u3044\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/9373\" data-type=\"post\" data-id=\"9373\">\u7c73\u56fd\u3001\u91cf\u7684\u7de9\u548c\u306e\u7121\u5236\u9650\u5316\u3092\u767a\u8868\u3082\u7c73\u56fd\u682a\u306f\u4e0b\u843d (2020\/3\/24)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u7d50\u5c40\u3001\u3053\u306e\u7de9\u548c\u63aa\u7f6e\u306f\u904e\u5270\u3060\u3063\u305f\u3002\u7279\u306b2021\u5e74\u3001\u65e2\u306b\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u5143\u306e\u6c34\u6e96\u307e\u3067\u56de\u5fa9\u3057\u3066\u3044\u305f\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u5c31\u4efb\u76f4\u5f8c\u306e\u30d0\u30a4\u30c7\u30f3\u5927\u7d71\u9818\u304c\u4eba\u6c17\u53d6\u308a\u306e\u305f\u3081\u306b\u83ab\u5927\u306a\u73fe\u91d1\u7d66\u4ed8\u3092\u884c\u306a\u3063\u305f\u3053\u3068\u304c\u4e00\u756a\u307e\u305a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33399\" data-type=\"post\" data-id=\"33399\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u30d0\u30a4\u30c7\u30f3\u5927\u7d71\u9818\u306e\u300c\u30a4\u30f3\u30d5\u30ec\u306f\u5c31\u4efb\u524d\u304b\u3089\u300d\u767a\u8a00\u3092\u6279\u5224<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u308c\u3067\u7d4c\u6e08\u306f\u5f37\u304f\u306a\u308a\u904e\u304e\u305f\u3002\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Fed\u304c\u7d19\u5e63\u5370\u5237\u3067\u672a\u66fe\u6709\u306e\u523a\u6fc0\u7b56\u3092\u884c\u306a\u3044\u3001\u305d\u308c\u304c\u653f\u5e9c\u306b\u83ab\u5927\u306a\u8cc7\u91d1\u3092\u4f7f\u3046\u4f59\u88d5\u3092\u4e0e\u3048\u305f\u3002\u8ca1\u653f\u652f\u51fa\u3068\u7d19\u5e63\u5370\u5237\u306e\u7d44\u307f\u5408\u308f\u305b\u304c\u975e\u5e38\u306b\u5f37\u3044\u7d4c\u6e08\u3092\u6f14\u51fa\u3057\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4e2d\u592e\u9280\u884c\u304c\u5370\u5237\u3057\u305f\u7d19\u5e63\u3092\u653f\u5e9c\u304c\u3070\u3089\u6492\u3044\u305f\u3053\u3068\u3067\u9700\u8981\u304c\u975e\u5e38\u306b\u5f37\u304f\u306a\u308c\u3070\u3001\u7d4c\u6e08\u306b\u4f55\u304c\u8d77\u3053\u308b\u304b\u3002\u9700\u8981\u3068\u4f9b\u7d66\u306b\u3064\u3044\u3066\u5c11\u3057\u3067\u3082\u77e5\u3063\u3066\u3044\u308b\u4eba\u306a\u3089\u3070\u305d\u306e\u7b54\u3048\u3092\u51fa\u3059\u3053\u3068\u306f\u5bb9\u6613\u3044\u3002\u30a4\u30f3\u30d5\u30ec\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><strong>\u904e\u5270\u306a\u8cc7\u91d1\u306f\u307e\u3060\u7d4c\u6e08\u306b\u6b8b\u3063\u3066\u3044\u308b<\/strong><\/p>\n\n\n\n<p>\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f\u306b\u3088\u308c\u3070\u3001\u305d\u306e\u52b9\u679c\u306f\u7d19\u5e63\u5370\u5237\u3092\u7d42\u4e86\u3057\u30661\u5e74\u307b\u3069\u306b\u306a\u308b\u4eca\u3067\u3082\u7d9a\u3044\u3066\u3044\u308b\u3089\u3057\u3044\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u4eca\u3067\u306fFed\u306f\u5f15\u304d\u7de0\u3081\u3092\u884c\u306a\u3063\u3066\u3044\u308b\u304c\u3001\u307e\u3060\u7d4c\u6e08\u306e\u4e2d\u306b\u591a\u304f\u306e\u4f59\u5270\u8cc7\u91d1\u304c\u6b8b\u3063\u3066\u304a\u308a\u3001\u305d\u308c\u304c\u6d88\u8cbb\u3068\u7d4c\u6e08\u6210\u9577\u3092\u652f\u3048\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u7740\u5b9f\u306b\u6e1b\u901f\u3057\u3066\u3044\u308b\u3082\u306e\u306e\u307e\u3060\u6301\u3061\u3053\u305f\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33086\" data-type=\"post\" data-id=\"33086\">\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u78ba\u5b9f\u306b\u6e1b\u901f\u3057\u3066\u3044\u308b\u30012022\u5e744Q\u30a2\u30e1\u30ea\u30abGDP<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u7387\u5168\u4f53\u304c\u4e0b\u843d\u3057\u3066\u3044\u308b\u306a\u304b\u7d4c\u6e08\u6210\u9577\u306f\u6301\u3061\u3053\u305f\u3048\u3066\u3044\u308b\u3053\u3068\u3067\u3001\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u671f\u5f85\u3082\u56c1\u304b\u308c\u305f\u3002\u3060\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u5185\u8a33\u3092\u898b\u3066\u307f\u308c\u3070\u3001\u5b9f\u4f53\u7d4c\u6e08\u304c\u6301\u3061\u3053\u305f\u3048\u3066\u3044\u308b\u306e\u306f\u3001\u30b5\u30fc\u30d3\u30b9\u306a\u3069\u5b9f\u4f53\u7d4c\u6e08\u306e\u6838\u5fc3\u306b\u3042\u308b\u90e8\u5206\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u307e\u3060\u6b62\u307e\u3063\u3066\u3044\u306a\u3044\u304b\u3089\u3060\u3068\u3044\u3046\u3053\u3068\u304c\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33287\" data-type=\"post\" data-id=\"33287\">\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u3060\u3051\u3072\u3068\u308a\u3067\u4e0a\u304c\u308a\u7d9a\u3051\u308b\u306e\u304b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u306e\u8a18\u4e8b\u3067\u8a73\u3057\u304f\u8aac\u660e\u3057\u305f\u3088\u3046\u306b\u3001\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u6b62\u307e\u3089\u306a\u3044\u9650\u308a\u30a4\u30f3\u30d5\u30ec\u306f\u6b62\u307e\u3089\u305a\u3001\u305d\u3057\u3066\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u7d4c\u6e08\u6210\u9577\u7387\u306f\u4e00\u84ee\u6258\u751f\u3067\u3042\u308b\u3002\u3064\u307e\u308a\u3001\u30b5\u30fc\u30d3\u30b9\u306e\u30a4\u30f3\u30d5\u30ec\u3092\u6b62\u3081\u3088\u3046\u3068\u601d\u3048\u3070\u3001\u7d4c\u6e08\u6210\u9577\u3082\u6b62\u3081\u308b\u3057\u304b\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3088\u3063\u3066\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306f\u6709\u308a\u5f97\u306a\u3044\u3002\u305d\u308c\u304c\u7b46\u8005\u304c\u682a\u3092\u7a7a\u58f2\u308a\u3057\u3066\u3044\u308b\u8ad6\u62e0\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33649\" data-type=\"post\" data-id=\"33649\">2023\u5e74\u306e\u682a\u4fa1\u4e88\u60f3: \u7c73\u56fd\u682a\u3068\u65e5\u672c\u682a\u306e\u7a7a\u58f2\u308a\u3092\u958b\u59cb\u3001\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306f\u6709\u308a\u5f97\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u526f\u4f5c\u7528\u306e\u306a\u3044\u9ebb\u85ac\u306f\u306a\u3044<\/strong><\/p>\n\n\n\n<p>\u3068\u3044\u3046\u3053\u3068\u3067\u3001\u7d19\u5e63\u5370\u5237\u3067\u30ea\u30c3\u30c1\u306b\u306a\u308c\u308b\u3068\u601d\u3063\u305f\u591a\u304f\u306e\u6709\u6a29\u8005\u306f\u30a4\u30f3\u30d5\u30ec\u3067\u9177\u3044\u76ee\u306b\u906d\u3063\u3066\u3044\u308b\u30022020\u5e74\u306b\u65e2\u306b\u8ab0\u304b\u304c\u8b66\u544a\u3057\u3066\u3044\u305f\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10616\" data-type=\"post\" data-id=\"10616\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u91cf\u7684\u7de9\u548c\u3067\u4eba\u3005\u306f\u30ea\u30c3\u30c1\u306b\u306a\u3063\u305f\u3088\u3046\u306a\u6c17\u304c\u3059\u308b (2020\/5\/8)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3046\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u305d\u308c\u306f\u30d1\u30fc\u30c6\u30a3\u306e\u3088\u3046\u306a\u3082\u306e\u3060\u3002\u30d1\u30fc\u30c6\u30a3\u306b\u884c\u304d\u3001\u305f\u304f\u3055\u3093\u98f2\u307f\u305f\u304f\u3055\u3093\u7b11\u3046\u304c\u3001\u30d1\u30fc\u30c6\u30a3\u304c\u7d42\u308f\u308c\u30702\u65e5\u9154\u3044\u304c\u5f85\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306b\u306f\u5927\u304d\u306a2\u65e5\u9154\u3044\u304c\u5f85\u3063\u3066\u3044\u308b\u3002\u6700\u7d42\u7684\u306b\u306f\u8ca0\u50b5\u3092\u652f\u6255\u3046\u304b\u3001\u30a4\u30f3\u30d5\u30ec\u3067\u50b5\u52d9\u3092\u5e33\u6d88\u3057\u306b\u3059\u308b\u304b\u3069\u3061\u3089\u304b\u3057\u304b\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u50b5\u52d9\u306f\u3044\u305a\u308c\u6255\u308f\u306a\u3051\u308c\u3070\u3089\u306a\u3044\u3002\u305d\u3046\u3067\u306a\u3051\u308c\u3070\u50b5\u6a29\u8005\u304c\u640d\u3092\u3059\u308b\u306e\u3067\u3001\u50b5\u52d9\u3092\u6255\u3046\u304b\u3001\u50b5\u6a29\u8005\u306b\u640d\u3092\u3055\u305b\u308b\u304b\u306e\u3069\u3061\u3089\u304b\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u4f8b\u3048\u3070\u65e5\u672c\u306e\u5834\u5408\u3001\u56fd\u50b5\u306e\u4fdd\u6709\u8005\u306f\u5b9f\u8cea\u7684\u306b\u306f\u9810\u91d1\u8005\u306a\u306e\u3067\u3001\u653f\u5e9c\u50b5\u52d9\u3092\u304d\u3063\u3061\u308a\u652f\u6255\u3046\u304b\u3001\u56fd\u6c11\u304c\u640d\u3092\u3059\u308b\u304b\u306e\u3069\u3061\u3089\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u8ca0\u50b5\u3092\u6255\u308f\u305a\u9810\u91d1\u8005\u3082\u7d19\u5e63\u3092\u53d6\u308a\u4e0a\u3052\u3089\u308c\u306a\u3044\u7b2c3\u306e\u9053\u304c\u3042\u308b\u3002\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u305d\u308c\u306f\u3082\u3046\u59cb\u307e\u3063\u3066\u3044\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u306f\u653f\u5e9c\u50b5\u52d9\u306e\u5b9f\u8cea\u7684\u306a\u91cf\u3092\u6e1b\u3089\u3057\u3066\u3044\u308b\u304c\u3001\u305d\u308c\u306f\u8cc3\u91d1\u3088\u308a\u3082\u5927\u304d\u304f\u7269\u4fa1\u304c\u4e0a\u6607\u3059\u308b\u3053\u3068\u306b\u82e6\u3057\u3080\u5e73\u5747\u7684\u306a\u56fd\u6c11\u306e\u72a0\u7272\u306e\u3082\u3068\u306b\u6210\u308a\u7acb\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u6557\u6226\u5f8c\u306e\u30c9\u30a4\u30c4\u304c\u652f\u6255\u3044\u4e0d\u53ef\u80fd\u306a\u50b5\u52d9\u3092\u4f55\u3068\u304b\u3057\u305f\u65b9\u6cd5\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u4f55\u5ea6\u3082\u8a00\u3063\u3066\u3044\u308b\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u306f\u6700\u521d\u304b\u3089\u305d\u308c\u3092\u76ee\u7684\u306b\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/11992\" data-type=\"post\" data-id=\"11992\">\u30cf\u30a4\u30a8\u30af: \u30a4\u30f3\u30d5\u30ec\u4e3b\u7fa9\u306f\u975e\u79d1\u5b66\u7684\u8ff7\u4fe1<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u3068\u306f\u56fd\u6c11\u306e\u9810\u91d1\u3092\u72a0\u7272\u306b\u83ab\u5927\u306a\u653f\u52d9\u50b5\u52d9\u3092\u5e33\u6d88\u3057\u306b\u3057\u3066\u3001\u653f\u6cbb\u5bb6\u304c\u5f15\u304d\u7d9a\u304d\u4e88\u7b97\u3092\u7968\u7530\u306b\u3070\u3089\u6492\u3051\u308b\u3088\u3046\u306b\u3059\u308b\u653f\u7b56\u3067\u3042\u308a\u3001\u305d\u308c\u3092\u653f\u6cbb\u5bb6\u304c\u4f55\u3068\u3057\u3066\u3082\u3084\u308a\u305f\u304b\u3063\u305f\u7406\u7531\u306f\u5b8c\u5168\u306b\u7406\u89e3\u3067\u304d\u308b\u304c\u3001\u305d\u308c\u3092\u6709\u6a29\u8005\u304c\u652f\u6301\u3057\u305f\u7406\u7531\u306f\u7406\u89e3\u4e0d\u80fd\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u8a73\u3057\u304f\u8aac\u660e\u3057\u305f\u304c\u3001\u3042\u306a\u305f\u304c\u305f\u306f\u9a19\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/29198\" data-type=\"post\" data-id=\"29198\">\u5229\u4e0a\u3052\u3067\u9810\u91d1\u8005\u306f\u30a4\u30f3\u30d5\u30ec\u304b\u3089\u8cc7\u7523\u9632\u885b\u3067\u304d\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u65e5\u9280\u304c\u5229\u4e0a\u3052\u3092\u884c\u308f\u306a\u3044\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f\u306f\u7d19\u5e63\u5370\u5237\u306b\u3064\u3044\u3066\u6b21\u306e\u3088\u3046\u306b\u7e8f\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u6210\u529f\u3059\u308b\u305f\u3081\u306e\u9b54\u6cd5\u306a\u3069\u5b58\u5728\u3057\u306a\u3044\u3002\u6210\u529f\u306f\u6559\u80b2\u3001\u52e4\u52c9\u3055\u3001\u8caf\u84c4\u3001\u518d\u6295\u8cc7\u306b\u3088\u3063\u3066\u5f97\u3089\u308c\u308b\u3002\u305d\u3046\u3059\u308c\u3070\u3042\u306a\u305f\u306f\u6210\u529f\u3059\u308b\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u7d50\u5c40\u306e\u3068\u3053\u308d\u30012020\u5e74\u306b\u73fe\u91d1\u7d66\u4ed8\u3092\u6a2a\u76ee\u306b\u898b\u306a\u304c\u3089\u30a4\u30f3\u30d5\u30ec\u306e\u6b74\u53f2\u306b\u3064\u3044\u3066\u6de1\u3005\u3068\u7814\u7a76\u3057\u3066\u3044\u305f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u8a00\u3063\u305f\u6b21\u306e\u8a00\u8449\u304c\u3059\u3079\u3066\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10831\" data-type=\"post\" data-id=\"10831\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u5171\u7523\u4e3b\u7fa9\u306e\u60aa\u5922\u304c\u8cc7\u672c\u4e3b\u7fa9\u306b\u306e\u3057\u304b\u304b\u308b (2020\/5\/17)<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u308f\u308c\u308f\u308c\u304c\u6d88\u8cbb\u3092\u3067\u304d\u308b\u304b\u3069\u3046\u304b\u306f\u308f\u308c\u308f\u308c\u304c\u751f\u7523\u3067\u304d\u308b\u304b\u3069\u3046\u304b\u306b\u639b\u304b\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308a\u3001\u653f\u5e9c\u304b\u3089\u9001\u3089\u308c\u3066\u304f\u308b\u7d19\u5e63\u306e\u91cf\u306b\u639b\u304b\u3063\u3066\u3044\u308b\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u7d19\u5e63\u306f\u98df\u3079\u3089\u308c\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u8ce2\u8005\u306f\u6b74\u53f2\u304b\u3089\u5b66\u3073\u3001\u611a\u8005\u306f\u7d4c\u9a13\u304b\u3089\u5b66\u3076\u3002\u611a\u8005\u306f\u307e\u3055\u306b\u4eca\u7d4c\u9a13\u304b\u3089\u5b66\u3093\u3067\u3044\u308b\u3002\u3044\u3084\u3001\u554f\u984c\u306f\u6050\u3089\u304f\u3001\u611a\u8005\u306f\u7d4c\u9a13\u304b\u3089\u5b66\u3076\u3053\u3068\u3059\u3089\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u5e02\u5834\u7d4c\u6e08\u306e\u7d20\u6674\u3089\u3057\u3044\u3068\u3053\u308d\u306f\u3001\u50b5\u52d9\u306e\u30c4\u30b1\u306f\u8ab0\u304b\u304c\u6255\u3063\u3066\u304f\u308c\u3066\u3082\u81ea\u5206\u306e\u611a\u304b\u3055\u306e\u30c4\u30b1\u3060\u3051\u306f\u81ea\u5206\u3067\u6255\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u7b46\u8005\u306f\u5e02\u5834\u7d4c\u6e08\u306e\u305d\u306e\u90e8\u5206\u3092\u672c\u5f53\u306b\u7d20\u6674\u3089\u3057\u3044\u3082\u306e\u3060\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3046\u8a00\u3048\u3070\u81ea\u5206\u3067\u50cd\u304f\u3053\u3068\u306a\u304f\u304a\u91d1\u304c\u964d\u3063\u3066\u304f\u308b\u3088\u3046\u306b\u9858\u3063\u305f\u4eba\u3005\u304c\u306f\u307e\u3063\u305f\u7a74\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u4ed6\u306b\u3082\u30461\u3064\u3042\u308b\u3002\u3064\u307f\u305f\u3066NISA\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27644\" data-type=\"post\" data-id=\"27644\">\u300c\u682a\u5f0f\u6295\u8cc7\u306f\u9577\u671f\u7684\u306b\u306f\u307b\u307c\u5132\u304b\u308b\u300d\u3068\u3044\u3046\u4e3b\u5f35\u304c\u5b8c\u5168\u306b\u9593\u9055\u3063\u3066\u3044\u308b\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>2023\u5e74\u3001\u7de9\u548c\u306b\u5bfe\u3059\u308b\u30c4\u30b1\u3092\u6255\u3046\u305f\u3081\u306e\u5f15\u304d\u7de0\u3081\u306f\u30a2\u30e1\u30ea\u30ab\u3067\u3082\u65e5\u672c\u3067\u3082\u59cb\u307e\u3063\u3066\u3044\u308b\u3002\u682a\u4fa1\u3068\u30c9\u30eb\u5186\u306f\u3068\u3082\u306b\u4e0b\u843d\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33649\" data-type=\"post\" data-id=\"33649\">2023\u5e74\u306e\u682a\u4fa1\u4e88\u60f3: \u7c73\u56fd\u682a\u3068\u65e5\u672c\u682a\u306e\u7a7a\u58f2\u308a\u3092\u958b\u59cb\u3001\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306f\u6709\u308a\u5f97\u306a\u3044<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/32025\" data-type=\"post\" data-id=\"32025\">\u65e5\u9280\u306e\u9577\u671f\u91d1\u5229\u306e\u5b9f\u8cea\u5229\u4e0a\u3052\u3092\u53d7\u3051\u3066\u30c9\u30eb\u5186\u306e\u7a7a\u58f2\u308a\u3092\u958b\u59cb<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u91d1\u878d\u5e81\u306b\u9a19\u3055\u308c\u3066\u5f7c\u3089\u306e\u591a\u304f\u306f\u8cc7\u91d1\u3092\u7c73\u56fd\u682a\u306b\u6ce8\u304e\u8fbc\u3093\u3067\u3044\u308b\u304c\u3001\u5186\u5efa\u3066\u306e\u7c73\u56fd\u682a\u306e\u4fa1\u5024\u306f\u682a\u4fa1\u4e0b\u843d\u3068\u30c9\u30eb\u5186\u4e0b\u843d\u306e\u4e8c\u91cd\u82e6\u3067\u9177\u3044\u3053\u3068\u306b\u306a\u308b\u3060\u308d\u3046\u3002\u3064\u307f\u305f\u3066NISA\u306f\u65e2\u306b\u8a70\u3093\u3067\u3044\u308b\u3002\u91d1\u878d\u5e02\u5834\u3068\u306f\u7d20\u6674\u3089\u3057\u3044\u5834\u6240\u3067\u3042\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u9577\u3089\u304f\u7d9a\u3044\u3066\u3044\u305f\u30a2\u30e9\u30f3\u30fb\u30a8\u30eb\u30ab\u30f3\u6c0f\u306b\u3088\u308b\u30b8\u30e7\u30f3\u30fb\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f\u306e\u9577\u7de8\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u306e\u6700\u5f8c\u306e\u8a18\u4e8b\u3068\u306a\u308b\u3002 \u4eca\u56de\u306f\u30b3\u30ed\u30ca\u5f8c\u306e\u653f\u5e9c\u306e\u7d4c\u6e08\u653f\u7b56\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3059\u308b\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118,108],"tags":[184],"class_list":["post-34278","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-john-paulson"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/34278","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=34278"}],"version-history":[{"count":36,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/34278\/revisions"}],"predecessor-version":[{"id":34314,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/34278\/revisions\/34314"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=34278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=34278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=34278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}