{"id":36175,"date":"2023-04-25T20:01:00","date_gmt":"2023-04-25T11:01:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=36175"},"modified":"2023-04-25T16:12:04","modified_gmt":"2023-04-25T07:12:04","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-%e8%b1%8a%e3%81%8b%e3%81%aa%e5%9b%bd%e3%81%bb%e3%81%a9%e5%80%9f%e9%87%91%e3%81%be%e3%81%bf","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/36175","title":{"rendered":"\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u8c4a\u304b\u306a\u56fd\u307b\u3069\u501f\u91d1\u307e\u307f\u308c\u306b\u306a\u308b\u7406\u7531"},"content":{"rendered":"\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304cImpact Theory\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u5148\u9032\u56fd\u304c\u307b\u3068\u3093\u3069\u4f8b\u5916\u306a\u304f\u591a\u984d\u306e\u8ca0\u50b5\u3092\u62b1\u3048\u3066\u3044\u308b\u72b6\u6cc1\u306b\u3064\u3044\u3066\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u5148\u9032\u56fd\u306e\u81a8\u5f35\u3059\u308b\u50b5\u52d9<\/strong><\/p>\n\n\n\n<p>\u5947\u5999\u306a\u3053\u3068\u3060\u304c\u3001\u5148\u9032\u56fd\u306e\u653f\u5e9c\u50b5\u52d9\u6b8b\u9ad8\u306f\u8ed2\u4e26\u307f\u9ad8\u3044\u3002\u65e5\u672c\u3082\u30a2\u30e1\u30ea\u30ab\u3082\u305d\u3046\u3067\u3042\u308b\u3002\u4e16\u754c\u7684\u306b\u306f\u88d5\u798f\u3067\u3042\u308b\u306f\u305a\u306e\u5148\u9032\u56fd\u304c\u3001\u4f8b\u3048\u3070\u305d\u308c\u3088\u308a\u3082\u8ca7\u3057\u3044\u306f\u305a\u306e\u6771\u5357\u30a2\u30b8\u30a2\u3084\u30a2\u30d5\u30ea\u30ab\u306e\u56fd\u3005\u3088\u308a\u3082\u501f\u91d1\u304c\u591a\u3044\u306e\u306f\u3069\u3046\u3044\u3046\u3053\u3068\u304b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u554f\u984c\u63d0\u8d77\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>\u4eba\u3005\u3084\u793e\u4f1a\u304c\u88d5\u798f\u306b\u306a\u308c\u3070\u306a\u308b\u307b\u3069\u8ca0\u50b5\u3092\u5897\u3084\u3059\u3088\u3046\u306b\u306a\u308b\u3053\u3068\u306f\u8208\u5473\u6df1\u3044\u3053\u3068\u3060\u3002\u3053\u308c\u306f\u9006\u8aac\u7684\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>100%\u3084200%\u3068\u3044\u3046GDP\u6bd4\u306e\u653f\u5e9c\u50b5\u52d9\u306b\u6163\u308c\u3066\u3057\u307e\u3063\u305f\u73fe\u4ee3\u4eba\u306f\u7591\u554f\u306b\u601d\u308f\u306a\u3044\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u3088\u304f\u8003\u3048\u3066\u307f\u308c\u3070\u307b\u3068\u3093\u3069\u3059\u3079\u3066\u306e\u5148\u9032\u56fd\u306e\u653f\u5e9c\u50b5\u52d9\u304c\u8ed2\u4e26\u307f\u9ad8\u304f\u306a\u3063\u3066\u3044\u308b\u306e\u306f\u5076\u7136\u3067\u3082\u5f53\u305f\u308a\u524d\u306e\u6e1b\u5c11\u3067\u3082\u306a\u304f\u3001\u4f55\u304b\u96a0\u3055\u308c\u305f\u5171\u901a\u306e\u539f\u56e0\u304c\u3042\u308b\u306f\u305a\u3060\u3002<\/p>\n\n\n\n<p>\u500b\u4eba\u306e\u30ec\u30d9\u30eb\u3067\u8003\u3048\u3066\u307f\u308c\u3070\u3001\u5bcc\u88d5\u5c64\u304c\u8ca7\u56f0\u5c64\u304b\u3089\u501f\u91d1\u3092\u3059\u308b\u3068\u3044\u3046\u72b6\u6cc1\u306f\u8003\u3048\u3089\u308c\u306a\u3044\u3002\u3060\u304c\u653f\u5e9c\u306e\u30ec\u30d9\u30eb\u3067\u306f\u9006\u306e\u3053\u3068\u304c\u8d77\u304d\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u6307\u6458\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30a2\u30e1\u30ea\u30ab\u304c\u4e2d\u56fd\u304b\u3089\u304a\u91d1\u3092\u501f\u308a\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u3068\u304d\u3001\u30a2\u30e1\u30ea\u30ab\u4eba\u306e\u500b\u4eba\u6240\u5f97\u306f\u4e2d\u56fd\u4eba\u306e40\u500d\u3060\u3063\u305f\u3002\u305d\u3057\u3066\u30a2\u30e1\u30ea\u30ab\u306f\u4e2d\u56fd\u304b\u3089\u304a\u91d1\u3092\u501f\u308a\u59cb\u3081\u305f\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u3053\u306e\u3088\u3046\u306a\u3053\u3068\u304c\u8d77\u304d\u308b\u306e\u304b\u672c\u5f53\u306b\u4e0d\u601d\u8b70\u306b\u601d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u30c0\u30ea\u30aa\u6c0f\u306e\u4eee\u8aac<\/strong><\/p>\n\n\n\n<p>\u305d\u308c\u306f\u4f55\u6545\u3060\u308d\u3046\u304b\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u4eee\u8aac\u3092\u7acb\u3066\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u3053\u308c\u306f\u5fc3\u7406\u5b66\u7684\u306a\u3082\u306e\u3060\u3002\u304a\u91d1\u304c\u306a\u3044\u4eba\u304c\u304a\u91d1\u3092\u624b\u306b\u5165\u308c\u308b\u3068\u304a\u91d1\u3092\u8caf\u3081\u305f\u3044\u3068\u601d\u3046\u3002\u305d\u3057\u3066\u8caf\u91d1\u3068\u306f\u8ab0\u304b\u306b\u304a\u91d1\u3092\u8cb8\u3059\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u76ae\u8089\u306b\u3082\u3001\u3088\u308a\u304a\u91d1\u3092\u6301\u3064\u3088\u3046\u306b\u306a\u308c\u3070\u304a\u91d1\u304c\u501f\u308a\u3084\u3059\u304f\u306a\u308a\u3001\u305d\u306e\u4eba\u3084\u793e\u4f1a\u3084\u653f\u5e9c\u306f\u3088\u308a\u591a\u304f\u306e\u8ca0\u50b5\u3092\u62b1\u3048\u308b\u3088\u3046\u306b\u306a\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u88d5\u798f\u306a\u4eba\u9593\u306e\u65b9\u304c\u501f\u91d1\u3092\u3057\u3084\u3059\u3044\u3068\u3044\u3046\u306e\u306f\u4e8b\u5b9f\u3060\u308d\u3046\u3002\u5b9f\u969b\u3001\u5bcc\u88d5\u5c64\u306f\u501f\u91d1\u3092\u81ea\u7531\u306b\u5229\u7528\u3057\u3066\u6295\u8cc7\u3092\u884c\u306a\u3063\u305f\u308a\u3001\u7bc0\u7a0e\u5bfe\u7b56\u3092\u3057\u305f\u308a\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u305d\u308c\u3067\u3082\u5bcc\u88d5\u5c64\u306b\u306f\u8cc7\u7523\u304c\u3042\u308a\u3001\u8cc7\u7523\u306e\u7dcf\u984d\u3092\u8d85\u3048\u308b\u3088\u3046\u306a\u501f\u91d1\u3092\u3059\u308b\u3053\u3068\u306f\u306a\u3044\u3002\u3060\u304c\u5148\u9032\u56fd\u306e\u653f\u5e9c\u306f\u8cc7\u7523\u304c\u307b\u3068\u3093\u3069\u306a\u3044\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u501f\u91d1\u3060\u3051\u3092\u5897\u3084\u3057\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u88d5\u798f\u306a\u56fd\u306e\u653f\u5e9c\u3068\u3001\u88d5\u798f\u306a\u4eba\u9593\u3067\u306f\u5225\u306e\u884c\u52d5\u3092\u3057\u3066\u3044\u308b\u3002\u30c0\u30ea\u30aa\u6c0f\u306e\u4eee\u8aac\u3067\u306f\u3053\u306e\u9055\u3044\u3092\u8aac\u660e\u3067\u304d\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u56fd\u306e\u4e00\u751f<\/strong><\/p>\n\n\n\n<p>\u4eba\u9593\u306b\u306f\u4e00\u751f\u304c\u3042\u308b\u3002\u751f\u307e\u308c\u3066\u304d\u3066\u3001\u5b66\u6821\u306b\u901a\u3044\u59cb\u3081\u3001\u5352\u696d\u3057\u3066\u52b4\u50cd\u3059\u308b\u3088\u3046\u306b\u306a\u308a\u3001\u3084\u304c\u3066\u8089\u4f53\u3084\u77e5\u6027\u304c\u8870\u3048\u3066\u5f15\u9000\u3057\u3001\u6b7b\u3093\u3067\u3086\u304f\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u3088\u3046\u306b\u56fd\u306b\u3082\u4e00\u751f\u304c\u3042\u308b\u3002\u305d\u308c\u304c\u30c0\u30ea\u30aa\u6c0f\u306e\u8a00\u3046\u30b9\u30fc\u30d1\u30fc\u30b5\u30a4\u30af\u30eb\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u6700\u521d\u306f\u5c0f\u56fd\u3067\u3042\u3063\u305f\u3082\u306e\u304c\u3001\u6280\u8853\u9769\u65b0\u3084\u4eba\u53e3\u5897\u52a0\u306b\u3088\u3063\u3066\u5f90\u3005\u306b\u8c4a\u304b\u306b\u306a\u308a\u3001\u6210\u719f\u3057\u3066\u3086\u304f\u306b\u3064\u308c\u3066\u7d4c\u6e08\u6210\u9577\u7387\u304c\u843d\u3061\u59cb\u3081\u308b\u3002\u65e5\u672c\u3067\u8a00\u3048\u3070\u9ad8\u5ea6\u7d4c\u6e08\u6210\u9577\u304b\u3089\u30d0\u30d6\u30eb\u5d29\u58ca\u5f8c\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u305d\u306e\u9803\u304b\u3089\u5f90\u3005\u306b\u501f\u91d1\u3068\u7d19\u5e63\u5370\u5237\u306b\u983c\u308b\u3088\u3046\u306b\u306a\u308b\u3002\u529b\u304c\u843d\u3061\u3066\u3086\u304f\u306e\u3067\u305d\u3046\u306a\u3089\u3056\u308b\u3092\u5f97\u306a\u3044\u306e\u3067\u3042\u308b\u3002\u30c0\u30ea\u30aa\u6c0f\u306b\u3088\u308c\u3070\u305d\u308c\u306f\u30b5\u30a4\u30af\u30eb\u3067\u3042\u308a\u3001\u307b\u3068\u3093\u3069\u306e\u56fd\u304c\u4f8b\u5916\u306a\u304f\u305d\u306e\u3088\u3046\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u6700\u5f8c\u306b\u306f\u4eba\u304c\u6b7b\u306c\u3088\u3046\u306b\u3001\u501f\u91d1\u3068\u7d19\u5e63\u5370\u5237\u306b\u3088\u308a\u7269\u4fa1\u304c\u9ad8\u9a30\u3057\u3066\u6ec5\u3093\u3067\u3086\u304f\u3002<\/p>\n\n\n\n<p>\u5c11\u306a\u304f\u3068\u3082\u305d\u308c\u304c\u5927\u82f1\u5e1d\u56fd\u3084\u30aa\u30e9\u30f3\u30c0\u6d77\u6d0b\u5e1d\u56fd\u306a\u3069\u3001\u304b\u3064\u3066\u306e\u5927\u56fd\u306b\u8d77\u3053\u3063\u305f\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10922\" data-type=\"post\" data-id=\"10922\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u5927\u82f1\u5e1d\u56fd\u306e\u7e41\u6804\u3068\u8870\u9000<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10891\" data-type=\"post\" data-id=\"10891\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30aa\u30e9\u30f3\u30c0\u6d77\u6d0b\u5e1d\u56fd\u304c\u7e41\u6804\u3057\u305f\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u3053\u306e\u30b5\u30a4\u30af\u30eb\u3092\u898b\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u8870\u9000\u306e\u30d5\u30a7\u30a4\u30ba\u306b\u8db3\u3092\u8e0f\u307f\u5165\u308c\u304b\u3051\u3066\u3044\u308b\u3002\u3060\u304b\u3089\u30a4\u30f3\u30d5\u30ec\u304c\u8d77\u3053\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/35881\" data-type=\"post\" data-id=\"35881\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u9280\u884c\u5371\u6a5f\u306f\u4e16\u754c\u7d4c\u6e08\u5168\u4f53\u306b\u6ce2\u53ca\u3057\u3066\u7269\u4fa1\u9ad8\u9a30\u304b\u5012\u7523\u5371\u6a5f\u3067\u7d42\u308f\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u56fd\u304c\u501f\u91d1\u3092\u5897\u3084\u3059\u7406\u7531<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u305d\u3082\u305d\u3082\u4f55\u6545\u653f\u5e9c\u306f\u501f\u91d1\u3092\u5897\u3084\u305b\u308b\u306e\u304b\u3002\u4eba\u9593\u3067\u3042\u308c\u3070\u3001\u8cc7\u7523\u304c\u307b\u3068\u3093\u3069\u306a\u3044\u306e\u306bGDP\u306e200%\u4ee5\u4e0a\u306e\u50b5\u52d9\u3092\u7a4d\u307f\u4e0a\u3052\u308b\u3053\u3068\u306f\u3067\u304d\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u305d\u308c\u304c\u653f\u5e9c\u306b\u306f\u53ef\u80fd\u306a\u306e\u304b\u3002\u30c0\u30ea\u30aa\u6c0f\u306e\u898b\u89e3\u306b\u3088\u308c\u3070\u3001\u6709\u6a29\u8005\u304c\u305d\u308c\u3092\u8a31\u53ef\u3059\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\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>\u9078\u6319\u524d\u306b\u306f\u653f\u6cbb\u5bb6\u306b\u306f\u501f\u91d1\u3092\u5897\u3084\u3057\u3066\u652f\u51fa\u3092\u5897\u3084\u3059\u52d5\u6a5f\u304c\u3042\u308b\u3002\u6709\u6a29\u8005\u306f\u8ab0\u3082\u501f\u91d1\u306e\u65b9\u306b\u306f\u6ce8\u610f\u3092\u5411\u3051\u305a\u3001\u305d\u306e\u304a\u91d1\u304c\u4f55\u51e6\u304b\u3089\u6765\u308b\u306e\u304b\u306f\u6c17\u306b\u3082\u305b\u305a\u3001\u652f\u51fa\u306e\u65b9\u306b\u3060\u3051\u6ce8\u610f\u3092\u5411\u3051\u308b\u304b\u3089\u3060\u3002<\/p>\n\n\n\n<p>\u8ca0\u50b5\u306e\u4e0a\u3067\u30d1\u30fc\u30c6\u30a3\u3092\u3084\u3063\u3066\u3044\u308b\u3088\u3046\u306a\u3082\u306e\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304b\u3089\u6bce\u5e74\u7a0e\u91d1\u3067\u6570\u767e\u4e07\u81ea\u5206\u304b\u3089\u596a\u3063\u3066\u3086\u304f\u653f\u5e9c\u306b10\u4e07\u5186\u3092\u7d66\u4ed8\u3055\u308c\u305f\u3060\u3051\u3067\u5f7c\u3089\u306f\u5b09\u3057\u304f\u306a\u3063\u3066\u3057\u307e\u3046\u306e\u3060\u3002\u3060\u304c\u305d\u308c\u306f\u5143\u3005\u81ea\u5206\u306e\u91d1\u3067\u3042\u308b\u3002\u5f7c\u3089\u306f\u99ac\u9e7f\u306a\u306e\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u653f\u5e9c\u3092\u9078\u3076\u6709\u6a29\u8005\u306f\u5b9a\u7fa9\u4e0a\u56fd\u6c11\u306e\u904e\u534a\u6570\u306a\u306e\u3060\u304b\u3089\u3001\u56fd\u6c11\u306e\u904e\u534a\u6570\u304c\u501f\u91d1\u3092\u8a31\u305b\u3070\u653f\u5e9c\u306f\u501f\u91d1\u3092\u3059\u308b\u3060\u308d\u3046\u3002\u653f\u6cbb\u5bb6\u306e\u4ed5\u4e8b\u306f\u56fd\u6c11\u304b\u3089\u7a0e\u91d1\u3092\u5fb4\u53ce\u3057\u3066\u81ea\u5206\u306e\u7968\u7530\u306b\u3070\u3089\u6492\u304f\u3053\u3068\u306a\u306e\u3060\u304b\u3089\u3001\u305d\u306e\u88ab\u5bb3\u8005\u304c\u305d\u308c\u3092\u8a31\u3057\u3066\u304f\u308c\u308b\u72b6\u6cc1\u3067\u305d\u308c\u3092\u62d2\u3080\u7406\u7531\u304c\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u72b6\u6cc1\u3068\u3057\u3066\u305d\u308c\u304c\u53ef\u80fd\u306b\u306a\u3063\u3066\u3082\u3001\u7d4c\u6e08\u7684\u306b\u53ef\u80fd\u306b\u306a\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002100%\u3057\u304b\u8cc7\u7523\u304c\u306a\u3044\u306e\u306b\u501f\u91d1\u3092\u3057\u3066200%\u6d88\u8cbb\u3057\u3088\u3046\u3068\u3059\u308c\u3070\u3069\u3046\u306a\u308b\u304b\u3002\u5358\u7d14\u306b\u3082\u306e\u306e\u5024\u6bb5\u304c2\u500d\u306b\u306a\u308b\u3060\u3051\u3067\u3042\u308b\u3002\u5b9f\u969b\u4eca\u305d\u308c\u304c\u8d77\u3053\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/29551\" data-type=\"post\" data-id=\"29551\">\u65e5\u672c\u653f\u5e9c\u306e\u5168\u56fd\u65c5\u884c\u652f\u63f4\u3067\u5bbf\u6cca\u4e88\u7d04\u6bba\u5230\u3057\u3066\u30db\u30c6\u30eb\u4ee3\u5024\u4e0a\u304c\u308a<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u501f\u91d1\u306b\u3088\u3063\u3066\u6d88\u8cbb\u3092\u7121\u7406\u3084\u308a\u5897\u3084\u3059\u3053\u3068\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u751f\u3058\u3055\u305b\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u9577\u671f\u7684\u306b\u306f\u5897\u7a0e\u3092\u5897\u3084\u3059\u3002\u56fd\u306e\u501f\u91d1\u306f\u3044\u305a\u308c\u7a0e\u91d1\u3068\u3044\u3046\u5f62\u3067\u56fd\u6c11\u304b\u3089\u5fb4\u53ce\u3055\u308c\u308b\u304b\u3001\u7d19\u5e63\u5370\u5237\u306b\u3088\u3063\u3066\u8fd4\u6e08\u3055\u308c\u308b\u3057\u304b\u306a\u3044\u304c\u3001\u7d19\u5e63\u5370\u5237\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u60aa\u5316\u3055\u305b\u308b\u306e\u3067\u3001\u7de9\u548c\u653f\u7b56\u306e\u51fa\u53e3\u306f\u7d50\u5c40\u306f\u5897\u7a0e\u304b\u7269\u4fa1\u9ad8\u9a30\u3057\u304b\u306a\u3044\u3002\u305d\u308c\u304c\u591a\u304f\u306e\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3089\u304c\u6307\u6458\u3057\u3066\u3044\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/29314\" data-type=\"post\" data-id=\"29314\">\u30dd\u30b8\u30e3\u30fc\u30eb\u6c0f: \u4e2d\u592e\u9280\u884c\u306f\u91d1\u5229\u9ad8\u9a30\u304b\u901a\u8ca8\u4e0b\u843d\u304b\u3092\u9078\u3076\u3053\u3068\u306b\u306a\u308b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/30502\" data-type=\"post\" data-id=\"30502\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u65e5\u672c\u306f\u91d1\u5229\u9ad8\u9a30\u304b\u901a\u8ca8\u66b4\u843d\u304b\u3092\u9078\u3076\u3053\u3068\u306b\u306a\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u653f\u6cbb\u5bb6\u306b\u306f\u95a2\u4fc2\u306a\u3044\u3002\u81ea\u5206\u306f\u7968\u7530\u3068\u3068\u3082\u306b\u5229\u76ca\u3092\u5f97\u3089\u308c\u308b\u4e0a\u306b\u3001\u56fd\u306e\u501f\u91d1\u306f\u81ea\u5206\u304c\u5f15\u9000\u3057\u305f\u5f8c\u306b\u8ab0\u304b\u304c\u4f55\u3068\u304b\u3059\u308b\u3082\u306e\u3067\u3042\u308b\u3002\u5f7c\u3089\u306b\u9060\u616e\u3092\u3059\u308b\u7406\u7531\u304c\u3042\u308b\u3060\u308d\u3046\u304b\u3002\u3060\u304b\u3089\u6771\u4eac\u4e94\u8f2a\u3067\u3082\u5168\u56fd\u65c5\u884c\u652f\u63f4\u3067\u3082\u597d\u304d\u306b\u3084\u3063\u305f\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n\n<p>\u7d4c\u6e08\u5b66\u8005\u30d5\u30ea\u30fc\u30c9\u30ea\u30d2\u30fb\u30d5\u30a9\u30f3\u30fb\u30cf\u30a4\u30a8\u30af\u6c0f\u304c\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u305f\u3053\u3068\u3092\u601d\u3044\u51fa\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31421\" data-type=\"post\" data-id=\"31421\">\u30cf\u30a4\u30a8\u30af: \u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u5f8c\u306e\u5931\u696d\u5897\u52a0\u306f\u907f\u3051\u3089\u308c\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u3057\u304b\u3057\u3001\u77ed\u671f\u306b\u304a\u3044\u3066\u652f\u6301\u3092\u7372\u5f97\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u308c\u3070\u3001\u9577\u671f\u7684\u306a\u52b9\u679c\u306b\u3064\u3044\u3066\u6c17\u306b\u304b\u3051\u308b\u653f\u6cbb\u5bb6\u304c\u679c\u305f\u3057\u3066\u3044\u308b\u3060\u308d\u3046\u304b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u65e5\u672c\u306b\u306f\u3044\u307e\u3060\u306b\u56fd\u306e\u501f\u91d1\u306b\u306f\u554f\u984c\u304c\u306a\u3044\u306a\u3069\u3068\u8a00\u3046\u4eba\u9593\u304c\u3044\u308b\u3053\u3068\u306b\u306f\u9a5a\u304b\u3055\u308c\u308b\u304c\u3001\u4e8b\u5b9f\u65e5\u672c\u3067\u306f\u5897\u7a0e\u3068\u30a4\u30f3\u30d5\u30ec\u304c\u964d\u308a\u639b\u304b\u3063\u3066\u3044\u308b\u3067\u306f\u306a\u3044\u304b\u3002\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u306e\u5f53\u305f\u308a\u524d\u306e\u5e30\u7d50\u306b\u6c17\u4ed8\u304f\u3053\u3068\u306e\u51fa\u6765\u306a\u304b\u3063\u305f\u81ea\u6c11\u515a\u652f\u6301\u8005\u306e\u77e5\u6027\u306b\u306f\u672c\u5f53\u306b\u3044\u3064\u3082\u9a5a\u5606\u305b\u3056\u308b\u3092\u5f97\u306a\u3044\u3002\u5f7c\u3089\u306e\u982d\u8133\u306f\u6700\u9ad8\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31597\" data-type=\"post\" data-id=\"31597\">\u30cf\u30a4\u30a8\u30af: \u7de9\u3084\u304b\u306a\u30a4\u30f3\u30d5\u30ec\u304c\u6709\u76ca\u3067\u3042\u308b\u3068\u3044\u3046\u5e7b\u60f3<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u4f55\u6545\u3053\u3046\u306a\u308b\u306e\u304b\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u3046\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\">\n<p>\u4eba\u3005\u306f\u8fd1\u8996\u7684\u306a\u306e\u3060\u3002\u5b50\u4f9b\u3092\u80b2\u3066\u308b\u3068\u304d\u306e\u30de\u30b7\u30e5\u30de\u30ed\u30fb\u30c6\u30b9\u30c8\u3068\u540c\u3058\u3060\u3002<\/p>\n\n\n\n<p>\u5c0f\u3055\u3044\u5b50\u4f9b\u306b\u4eca\u30de\u30b7\u30e5\u30de\u30ed\u30921\u3064\u53d7\u3051\u53d6\u308b\u304b\u300115\u5206\u5f8c\u306b\u30de\u30b7\u30e5\u30de\u30ed\u30922\u3064\u53d7\u3051\u53d6\u308b\u304b\u3092\u9078\u3070\u305b\u308b\u3002\u8ce2\u660e\u306a\u5b50\u306f15\u5206\u6211\u6162\u3057\u30662\u3064\u306e\u30de\u30b7\u30e5\u30de\u30ed\u3092\u624b\u306b\u5165\u308c\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u73fe\u4ee3\u306e\u591a\u304f\u306e\u793e\u4f1a\u3067\u306f\u4eba\u3005\u306f\u4eca\u305d\u308c\u304c\u307b\u3057\u3044\u306e\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5927\u534a\u306e\u65e5\u672c\u4eba\u306f\u8ce2\u660e\u306a\u5b50\u4f9b\u4ee5\u4e0b\u3068\u3044\u3046\u3053\u3068\u3060\u308d\u3046\u3002\u3042\u308b\u3044\u306f\u4eba\u9593\u3068\u306f\u305d\u3046\u3044\u3046\u3082\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u8ce2\u660e\u306a\u5b50\u4f9b\u307b\u3069\u306e\u982d\u8133\u306e\u3042\u308b\u5927\u4eba\u306a\u3069\u307b\u3068\u3093\u3069\u898b\u305f\u3053\u3068\u304c\u306a\u3044\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n\n<p>\u304a\u91d1\u3092\u3070\u3089\u6492\u3051\u3070\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u308b\u3068\u3044\u3046\u5b50\u4f9b\u3067\u3082\u5206\u304b\u308b\u3088\u3046\u306a\u7406\u5c48\u3055\u3048\u5206\u304b\u3089\u305a\u3001\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u305f\u4eca\u3067\u3055\u3048\u30a8\u30cd\u30eb\u30ae\u30fc\u8cfc\u5165\u652f\u63f4\u3084\u5168\u56fd\u65c5\u884c\u652f\u63f4\u3068\u3044\u3046\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u3092\u884c\u3046\u653f\u6cbb\u5bb6\u3092\u306e\u3055\u3070\u3089\u305b\u3001\u3069\u308c\u3060\u3051\u5e74\u91d1\u3092\u6e1b\u3089\u3055\u308c\u7a0e\u91d1\u3068\u793e\u4f1a\u4fdd\u967a\u304c\u5897\u3048\u3088\u3046\u3068\u3082\u653f\u6cbb\u5bb6\u3068\u3044\u3046\u7565\u596a\u8005\u3092\u81ea\u5206\u3067\u5f53\u9078\u3055\u305b\u308b\u99ac\u9e7f\u3070\u304b\u308a\u306a\u306e\u3060\u304b\u3089\u3001\u65e5\u672c\u306e\u5c06\u6765\u306f\u3069\u3046\u3057\u3088\u3046\u3082\u306a\u304f\u660e\u308b\u3044\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u826f\u304b\u3063\u305f\u3067\u306f\u306a\u3044\u304b\u3002\u81ea\u5206\u306e\u6b32\u3057\u304b\u3063\u305f\u3082\u306e\u3092\u624b\u306b\u5165\u308c\u305f\u5f7c\u3089\u306e\u5c06\u6765\u3092\u795d\u798f\u3057\u305f\u3044\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","protected":false},"excerpt":{"rendered":"<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304cImpact Theory\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u5148\u9032\u56fd\u304c\u307b\u3068\u3093\u3069\u4f8b\u5916\u306a\u304f\u591a\u984d\u306e\u8ca0\u50b5\u3092\u62b1\u3048\u3066\u3044\u308b\u72b6\u6cc1\u306b\u3064\u3044\u3066\u89e3\u8aac\u3057\u3066\u3044\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":[102],"class_list":["post-36175","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/36175","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=36175"}],"version-history":[{"count":39,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/36175\/revisions"}],"predecessor-version":[{"id":36214,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/36175\/revisions\/36214"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=36175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=36175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=36175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}