{"id":4739,"date":"2016-11-16T20:15:01","date_gmt":"2016-11-16T11:15:01","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=4739"},"modified":"2016-11-16T20:15:01","modified_gmt":"2016-11-16T11:15:01","slug":"%e3%82%b8%e3%83%a0%e3%83%bb%e3%83%ad%e3%82%b8%e3%83%a3%e3%83%bc%e3%82%ba%e6%b0%8f-%e9%87%91%e5%88%a9%e3%81%af%e9%96%93%e9%81%95%e3%81%84%e3%81%aa%e3%81%8f%e4%b8%8a%e3%81%8c%e3%82%8b%e3%80%81%e3%81%97","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4739","title":{"rendered":"\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f: \u91d1\u5229\u306f\u9593\u9055\u3044\u306a\u304f\u4e0a\u304c\u308b\u3001\u3057\u304b\u3082\u4e16\u754c\u7684\u306b"},"content":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u5f8c\u306e\u91d1\u878d\u5e02\u5834\u306b\u3064\u3044\u3066\u8457\u540d\u6295\u8cc7\u5bb6\u306e\u610f\u898b\u3092\u805e\u3044\u3066\u3086\u3053\u3046\u3002\u4eca\u56de\u306f\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u3067\u3042\u308b\u3002<\/p>\n<p>\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3068\u3068\u3082\u306b\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u3053\u3068\u3067\u77e5\u3089\u308c\u3001\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u304c\u6240\u5c5e\u3057\u3066\u3044\u305f\u9803\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u306f\u51c4\u307e\u3058\u3044\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u53e9\u304d\u51fa\u3057\u305f\u3002\u305d\u306e\u5f8c\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u300c\u5f15\u9000\u300d\u3057\u3066\u81ea\u5206\u306e\u8cc7\u7523\u306e\u307f\u3092\u904b\u7528\u3057\u3066\u3044\u308b\u304c\u3001\u672c\u4eba\u306f\u300c\u5f15\u9000\u300d\u3068\u8a00\u3044\u306a\u304c\u3089\u3082\u4e16\u754c\u4e2d\u3067\u8ab0\u3088\u308a\u3082\u591a\u304f\u306e\u30de\u30fc\u30b1\u30c3\u30c8\u3092\u30ea\u30b5\u30fc\u30c1\u3057\u3066\u3044\u308b\u4eba\u7269\u3067\u3082\u3042\u308b\u3002<\/p>\n<p><!--more--><strong>\u5927\u7d71\u9818\u9078\u5f8c\u306e\u91d1\u878d\u5e02\u5834<\/strong><\/p>\n<p>\u3055\u3066\u3001\u305d\u306e\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u304cCNN\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\uff08<a href=\"http:\/\/money.cnn.com\/2016\/11\/14\/investing\/russia-donald-trump-jim-rogers\/\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u3067\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u6226\u5f8c\u306e\u91d1\u878d\u5e02\u5834\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002\u5148\u305a\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u653f\u7b56\u304c\u3069\u3046\u3044\u3046\u3082\u306e\u304b\u306b\u3064\u3044\u3066\u805e\u304b\u308c\u3001\u5f7c\u306f\u3053\u3046\u7b54\u3048\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u8a00\u8449\u3092\u305d\u306e\u307e\u307e\u53d7\u3051\u53d6\u308c\u3070\u3044\u3044\u3002\u5f7c\u306f\u6e1b\u7a0e\u3092\u884c\u304a\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u8ab0\u306b\u3068\u3063\u3066\u3082\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u5168\u4f53\u306b\u3068\u3063\u3066\u3082\u826f\u3044\u3053\u3068\u3060\u3002\u305d\u3057\u3066\u30a4\u30f3\u30d5\u30e9\u6295\u8cc7\u306b\u83ab\u5927\u306a\u8cc7\u91d1\u3092\u3064\u304e\u8fbc\u3080\u3068\u8a00\u3063\u3066\u3044\u308b\u3002\u4f55\u51e6\u306b\u305d\u306e\u3088\u3046\u306a\u304a\u91d1\u304c\u3042\u308b\u306e\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u304c\u3001\u5f7c\u306f\u305d\u3046\u8a00\u3063\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n<p>\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u7d4c\u6e08\u653f\u7b56\u3092\u4e00\u5fdc\u306f\u8a55\u4fa1\u3057\u3066\u3044\u308b\u3088\u3046\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u305d\u306e\u8ca1\u6e90\u306b\u3064\u3044\u3066\u306f\u7591\u554f\u8996\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u307e\u3067\u66f8\u3044\u3066\u304d\u305f\u901a\u308a\u3001\u500b\u4eba\u7684\u306b\u306f\u305d\u306e\u8ca1\u6e90\u304c\u4e2d\u592e\u9280\u884c\u306b\u3088\u3063\u3066\u5237\u3089\u308c\u305f\u304a\u91d1\u3001\u3059\u306a\u308f\u3061\u91cf\u7684\u7de9\u548c\u3067\u306f\u306a\u3044\u304b\u3068\u7591\u3063\u3066\u3044\u308b\u3002\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u8a73\u3057\u304f\u66f8\u3044\u305f\u901a\u308a\u3060\u304c\u3001\u4e88\u60f3\u3068\u3044\u3046\u3088\u308a\u3001\u5358\u7d14\u306b\u8003\u3048\u3066\u4ed6\u306b\u8ca1\u6e90\u304c\u5b58\u5728\u3057\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4698\">\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u306e\u6700\u5148\u7aef\u3092\u884c\u304f\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u7d4c\u6e08\u653f\u7b56<\/a><\/li>\n<\/ul>\n<p>\u91cf\u7684\u7de9\u548c\u518d\u958b\u306b\u306f\u3044\u304f\u3064\u304b\u306e\u969c\u5bb3\u3082\u3042\u308b\uff08\u307e\u305f\u5225\u306e\u6a5f\u4f1a\u306b\u66f8\u304f\u3053\u3068\u3068\u3059\u308b\uff09\u304c\u3001\u3053\u306e\u8a18\u4e8b\u306b\u66f8\u3044\u305f\u308f\u305f\u3057\u306e\u5206\u6790\u306b\u306f\u4e00\u5b9a\u306e\u7406\u5c48\u304c\u901a\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u601d\u3048\u308b\u3002<\/p>\n<p>\u3057\u304b\u3057\u91d1\u878d\u5e02\u5834\u306f\u305d\u306e\u3088\u3046\u306a\u53ef\u80fd\u6027\u3092\u5fae\u5875\u3082\u691c\u8a0e\u3057\u3066\u3044\u306a\u3044\u3088\u3046\u3067\u3042\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306f\u5927\u7d71\u9818\u9078\u6319\u306e\u65e5\u306b\u5927\u304d\u304f\u4e0b\u3052\u305f\u5f8c\u3001\u9014\u65b9\u3082\u306a\u304f\u4e0a\u6607\u3057\u305f\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/11\/2016-11-16-10-year-treasury-note-yield-chart.png\" rel=\"attachment wp-att-4753\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4753\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/11\/2016-11-16-10-year-treasury-note-yield-chart.png\" alt=\"2016-11-16-10-year-treasury-note-yield-chart\" width=\"600\" height=\"402\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/11\/2016-11-16-10-year-treasury-note-yield-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2016\/11\/2016-11-16-10-year-treasury-note-yield-chart-300x201.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>\u3053\u306e\u91d1\u5229\u306e\u4e0a\u6607\u306b\u3064\u3044\u3066\u306f\u3001\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u77ed\u671f\u7684\u306a\u3082\u306e\u3067\u306f\u306a\u3044\u3068\u8003\u3048\u3066\u3044\u308b\u3088\u3046\u3067\u3042\u308b\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>\u91d1\u5229\u306f\u9593\u9055\u3044\u306a\u304f\u4e0a\u304c\u308b\u3060\u308d\u3046\u3002\u305d\u3053\u306b\u7591\u554f\u306e\u4f59\u5730\u306f\u306a\u3044\u3002\u30a2\u30e1\u30ea\u30ab\u3060\u3051\u3067\u306a\u304f\u3001\u4e16\u754c\u7684\u306b\u91d1\u5229\u306f\u4e0a\u304c\u308b\u3002<\/p><\/blockquote>\n<p><strong>\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306b\u3088\u308b\u91d1\u76f8\u5834\u306e\u898b\u901a\u3057<\/strong><\/p>\n<p>\u3067\u306f\u3001\u4f4e\u91d1\u5229\u306b\u5927\u3044\u306b\u6069\u6075\u3092\u53d7\u3051\u3001\u9ad8\u91d1\u5229\u306b\u306a\u308c\u3070\u5927\u3044\u306b\u58f2\u3089\u308c\u308b\u91d1\u76f8\u5834\u306b\u3064\u3044\u3066\u306f\u3069\u3046\u8003\u3048\u3066\u3044\u308b\u306e\u304b\uff1f\u3000\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306e\u30b4\u30fc\u30eb\u30c9\u306b\u5bfe\u3059\u308b\u30b9\u30bf\u30f3\u30b9\u306f\u5909\u308f\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n<blockquote><p>\u308f\u305f\u3057\u306f\u91d1\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u304c\u3001\u8cb7\u3044\u5897\u3057\u3066\u306f\u3044\u306a\u3044\u3002\u91d1\u4fa1\u683c\u306f\u5f53\u5206\u4e0b\u843d\u3059\u308b\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n<p>\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u3053\u308c\u307e\u3067\u306b\u3082\u91d1\u306e\u77ed\u671f\u7684\u4e0b\u843d\u3092\u4e88\u60f3\u3057\u3066\u304d\u305f\u3002\u305d\u3057\u3066\u4eca\u56de\u306e\u30c8\u30e9\u30f3\u30d7\u6c0f\u52dd\u5229\u3067\u305d\u306e\u4e88\u60f3\u306f\u5f53\u305f\u3063\u305f\u3053\u3068\u306b\u306a\u308b\u3002\u91d1\u4fa1\u683c\u306f\u91d1\u5229\u306e\u4e0a\u6607\u306b\u4f34\u3044\u5927\u304d\u304f\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002\u5f7c\u306f\u91d1\u5229\u306e\u4e0a\u6607\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u306e\u3060\u304b\u3089\u3001\u5f53\u7136\u306a\u304c\u3089\u91d1\u306e\u4e0b\u843d\u3082\u4e88\u60f3\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<p>\u5f93\u6765\u306a\u3089\u3070\u5f7c\u306f\u305d\u308c\u3067\u3082\u30b4\u30fc\u30eb\u30c9\u306f\u9577\u671f\u7684\u306b\u306f\u30d0\u30d6\u30eb\u306b\u306a\u308b\u3068\u4e3b\u5f35\u3057\u3066\u3044\u305f\u304c\u3001\u4eca\u56de\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u306f\u305d\u306e\u767a\u8a00\u306f\u306a\u3044\u3002\u6050\u3089\u304f\u306f\u5f7c\u3082\u4eca\u5f8c\u306e\u76f8\u5834\u306e\u9577\u671f\u898b\u901a\u3057\u306b\u3064\u3044\u3066\u8003\u3048\u3092\u7df4\u308a\u76f4\u3057\u3066\u3044\u308b\u306e\u3060\u308d\u3046\u3002\u308f\u305f\u3057\u3082\u540c\u69d8\u3067\u3042\u308a\u3001\u591a\u304f\u306e\u6295\u8cc7\u5bb6\u3082\u540c\u69d8\u3060\u308d\u3046\u3002<\/p>\n<p>\u3061\u306a\u307f\u306b\u3001\u3053\u3053\u3067\u306f\u65e5\u672c\u6642\u9593\u306e11\u670811\u65e5\u306b\u3001\u9577\u3089\u304f\u4fdd\u6709\u3057\u3066\u304d\u305f\u30b4\u30fc\u30eb\u30c9\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u5229\u76ca\u78ba\u5b9a\u3057\u305f\u3053\u3068\u3092\u5831\u544a\u3057\u305f\u3002\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4658\">\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u8a95\u751f\u3067\u6295\u8cc7\u306e\u9244\u5247\u306b\u5f93\u3044\u91d1\u76f8\u5834\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u3059\u3079\u3066\u5229\u76ca\u78ba\u5b9a<\/a><\/li>\n<\/ul>\n<p>\u305d\u3057\u3066\u91d1\u4fa1\u683c\u306f\u305d\u306e\u6b21\u306e\u30a2\u30e1\u30ea\u30ab\u5e02\u5834\u30672%\u4ee5\u4e0a\u306e\u5927\u5e45\u306a\u4e0b\u843d\u3092\u8a18\u9332\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3002\u6025\u306a\u5224\u65ad\u3060\u3063\u305f\u304c\u53ef\u80fd\u306a\u9650\u308a\u8fc5\u901f\u306b\u8a18\u4e8b\u306b\u3057\u305f\u3002\u4e0a\u8a18\u306e\u8a18\u4e8b\u304c\u5c11\u3057\u3067\u3082\u8aad\u8005\u306e\u5f79\u306b\u7acb\u3063\u305f\u3068\u3059\u308c\u3070\u5e78\u3044\u3067\u3042\u308b\u3002<\/p>\n<p>\u3061\u306a\u307f\u306b\u3053\u308c\u306f\u500b\u4eba\u7684\u306b\u5927\u304d\u306a\u65b9\u5411\u8ee2\u63db\u3067\u3042\u3063\u305f\u3002\u91d1\u6295\u8cc7\u306f\u53bb\u5e74\u304b\u3089\u9577\u3089\u304f\u72d9\u3063\u3066\u304d\u305f\u30c8\u30ec\u30fc\u30c9\u3067\u3042\u308a\u3001\u3053\u3053\u3067\u3082\u9577\u3089\u304f\u8a71\u3057\u3066\u304d\u305f\u30c8\u30ec\u30fc\u30c9\u3067\u3042\u308a\u3001\u6b21\u671f\u5927\u7d71\u9818\u304c\u30c8\u30e9\u30f3\u30d7\u6c0f\u3067\u306a\u3051\u308c\u307014-15%\u7a0b\u5ea6\u306e\u5229\u76ca\u306b\u7559\u307e\u3089\u305a\u300112\u6708\u306e\u5229\u4e0a\u3052\u3092\u7d4c\u3066\u3088\u308a\u5927\u304d\u306a\u5229\u76ca\u3092\u51fa\u3059\u306f\u305a\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3067\u3042\u3063\u305f\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u305d\u3053\u306b\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u3068\u3044\u3046\u4e0d\u78ba\u5b9a\u6027\u304c\u73fe\u308c\u305f\u3053\u3068\u3067\u624b\u4ed5\u821e\u3044\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u305f\u306e\u3060\u304b\u3089\u3001\u6765\u5e74\u4e00\u5e74\u5206\u306e\u53ce\u76ca\u6a5f\u4f1a\u304c\u3044\u304d\u306a\u308a\u767d\u7d19\u306b\u623b\u3063\u305f\u3088\u3046\u306a\u6c17\u5206\u3067\u884c\u3063\u305f\u96e3\u3057\u3044\u5224\u65ad\u3060\u3063\u305f\u306e\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u305d\u306e\u5224\u65ad\u306f\u3069\u3046\u3057\u3088\u3046\u3082\u306a\u304f\u6b63\u3057\u304b\u3063\u305f\u3002\u5f53\u6642\u306e\u4fa1\u683c\u304b\u3089\u91d1\u76f8\u5834\u306f\u5927\u304d\u304f\u4e0b\u843d\u3057\u3066\u3044\u308b\u304c\u3001\u4eee\u306b\u4e0a\u6607\u3057\u305f\u3068\u3057\u3066\u3082\u6b63\u3057\u3044\u5224\u65ad\u3067\u3042\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u3053\u3053\u3067\u5f37\u8abf\u3057\u305f\u3044\u306e\u306f\u3001\u305d\u308c\u3067\u3082\u305d\u306e\u5224\u65ad\u3092\u884c\u3046\u3053\u3068\u306b\u4e00\u5207\u306e\u8e8a\u8e87\u3044\u306f\u7121\u304b\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u653f\u7b56\u306f\u307e\u3060\u660e\u3089\u304b\u306b\u306a\u3063\u3066\u3044\u306a\u3044\u306e\u3060\u304b\u3089\u3001\u305d\u306e\u4e0d\u78ba\u5b9f\u306a\u4e8b\u8c61\u306b\u5927\u304d\u304f\u5de6\u53f3\u3055\u308c\u308b\u3082\u306e\u306b\u306f\u6295\u8cc7\u3057\u3066\u306f\u306a\u3089\u306a\u3044\u3002\u305d\u308c\u306f\u6295\u8cc7\u306e\u9244\u5247\u3067\u3042\u308a\u3001\u305d\u306e\u305f\u3081\u306b\u5c06\u6765\u306e\u6295\u8cc7\u6a5f\u4f1a\u304c\u5931\u308f\u308c\u308b\u3068\u3057\u3066\u3082\u3001\u305d\u306e\u9244\u5247\u306f\u7834\u3063\u3066\u306f\u306a\u3089\u306a\u3044\u3002\u3060\u304b\u3089\u3069\u3046\u3057\u3088\u3046\u3082\u306a\u304f\u6b63\u3057\u3044\u5224\u65ad\u3092\u7c9b\u3005\u3068\u3001\u305d\u3057\u3066\u8fc5\u901f\u306b\u5b9f\u884c\u3057\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u6295\u8cc7\u306b\u306f\u624d\u80fd\u304c\u5fc5\u8981\u3060\u3068\u5e38\u3005\u601d\u3063\u3066\u3044\u308b\u304c\u3001\u5224\u65ad\u306e\u8fc5\u901f\u3055\u3068\u30eb\u30fc\u30eb\u306b\u5f93\u3046\u9244\u306e\u610f\u5fd7\u306f\u305d\u306e\u4e2d\u3067\u3082\u91cd\u8981\u306a\u3082\u306e\u3060\u3068\u601d\u3063\u3066\u3044\u308b\u3002\u975e\u5e38\u306b\u96e3\u3057\u3044\u5224\u65ad\u3092\u4e8c\u79d2\u3067\u3084\u308b\u3068\u3044\u3046\u3053\u3068\u304c\u30c8\u30ec\u30fc\u30c0\u30fc\u3068\u3057\u3066\u306e\u80fd\u529b\u306a\u306e\u3067\u3042\u308b\u3002\u6700\u8fd1\u306e\u76f8\u5834\u3067\u306f\u4e8c\u79d2\u3067\u3082\u9045\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u3042\u308b\u3002\u8ff7\u3063\u3066\u3044\u308b\u9593\u306b\u8cc7\u7523\u3092\u5931\u3063\u3066\u3086\u304f\u306e\u304c\u76f8\u5834\u306e\u4e16\u754c\u3067\u3042\u308b\u3002<\/p>\n<p><strong>\u5927\u7d71\u9818\u5c31\u4efb\u5f8c\u306e\u6295\u8cc7\u6226\u7565<\/strong><\/p>\n<p>\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306b\u8a71\u3092\u623b\u305d\u3046\u3002\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u653f\u7b56\u3001\u7279\u306b\u91d1\u878d\u653f\u7b56\u304c\u660e\u3089\u304b\u306b\u306a\u3089\u306a\u3051\u308c\u3070\u3001\u6295\u8cc7\u5bb6\u306f\u6295\u8cc7\u306e\u65b9\u5411\u3092\u6c7a\u3081\u308b\u3053\u3068\u304c\u51fa\u6765\u306a\u3044\u3002\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306e\u91d1\u76f8\u5834\u306b\u5bfe\u3059\u308b\u3084\u3084\u66d6\u6627\u306a\u614b\u5ea6\u3082\u305d\u3046\u3044\u3046\u3053\u3068\u3060\u308d\u3046\u3002\u305d\u3046\u3057\u305f\u4e2d\u3067\u3082\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u5f93\u6765\u306e\u30ed\u30b7\u30a2\u3078\u306e\u6295\u8cc7\u306f\u81ea\u4fe1\u3092\u6301\u3063\u3066\u7d99\u7d9a\u3057\u3066\u3044\u308b\u3088\u3046\u3067\u3042\u308b\u3002<\/p>\n<blockquote><p>\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u30ed\u30b7\u30a2\u304c\u597d\u304d\u306a\u3088\u3046\u3060\u3057\u3001\u30ed\u30b7\u30a2\u3082\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u597d\u304d\u306a\u3088\u3046\u3060\u3002\u308f\u305f\u3057\u306f\u30ed\u30b7\u30a2\u3092\u8cb7\u3063\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n<p>\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306b\u3064\u3044\u3066\u6b21\u306e\u3088\u3046\u306b\u7de0\u3081\u304f\u304f\u3063\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>\u4eca\u3084\u6b21\u671f\u5927\u7d71\u9818\u304c\u308f\u308c\u308f\u308c\u306e\u524d\u306b\u7acb\u3063\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u5f7c\u306f\u9078\u6319\u6642\u3068\u306f\u9055\u3046\u3053\u3068\u3092\u8a00\u3063\u3066\u3044\u308b\u3002\u3060\u304b\u3089\u5f7c\u304c\u5b9f\u969b\u306b\u4f55\u3092\u3059\u308b\u306e\u304b\u898b\u3066\u307f\u3088\u3046\u3002\uff08\u4e2d\u7565\uff09\u5f7c\u304c\u3082\u3057\u9078\u6319\u6642\u306e\u904e\u6fc0\u306a\u767a\u8a00\u3068\u306f\u9055\u3046\u3053\u3068\u3092\u3057\u3001\u8ab0\u306b\u3067\u3082\u30aa\u30fc\u30d7\u30f3\u306b\u306a\u308b\u306e\u3067\u3042\u308c\u3070\u3001\u3069\u3046\u3057\u305f\u3053\u3068\u3060\u308d\u3046\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u5f53\u5206\u306e\u9593\u826f\u3044\u6642\u4ee3\u3092\u4eab\u53d7\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p><\/blockquote>\n<p>\u591a\u304f\u306e\u4eba\u304c\u540c\u3058\u3088\u3046\u306b\u611f\u3058\u3066\u3044\u308b\u3053\u3068\u3060\u308d\u3046\u3002\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u304c\u9000\u8077\u3057\u305f\u5f8c\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3067\u50cd\u3044\u305f\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u305d\u306e\u4e2d\u3067\u3082\u98db\u3073\u629c\u3051\u3066\u30c8\u30e9\u30f3\u30d7\u6c0f\u5f53\u9078\u5f8c\u306e\u4e16\u754c\u7d4c\u6e08\u306b\u5f37\u6c17\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4679\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u91d1\u58f2\u5374\u3001\u4e16\u754c\u7d4c\u6e08\u306b\u300c\u975e\u5e38\u306b\u3001\u975e\u5e38\u306b\u5f37\u6c17\u300d<\/a><\/li>\n<\/ul>\n<p>\u3057\u304b\u3057\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u3068\u3068\u3082\u306b\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306f\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u52dd\u5229\u3068\u3044\u3046\u7d50\u679c\u306b\u6e80\u8db3\u3067\u306f\u306a\u3044\u3088\u3046\u3067\u3042\u308b\u3002\u653f\u6cbb\u7684\u306b\u504f\u3063\u305f\u4eba\u9593\u306e\u60b2\u5287\u3060\u308d\u3046\u3002\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3068\u3057\u3066\u306e\u5f7c\u306f\u7d20\u6674\u3089\u3057\u3044\u696d\u7e3e\u3092\u6b8b\u3057\u305f\u304c\u3001\u653f\u6cbb\u6d3b\u52d5\u5bb6\u3068\u3057\u3066\u306f\u305d\u3046\u3067\u306f\u306a\u3044\u3002\u30bd\u30ed\u30b9\u6c0f\u306e\u3088\u3046\u306a\u6d3b\u52d5\u5bb6\u306e\u653f\u6cbb\u6d3b\u52d5\u3084\u88cf\u5de5\u4f5c\u304c\u3001\u7d50\u5c40\u306f\u4eba\u3005\u3092\u30c8\u30e9\u30f3\u30d7\u6c0f\u652f\u6301\u306b\u5411\u304b\u308f\u305b\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/4662\">\u5de6\u7ffc\u6295\u8cc7\u5bb6\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3001\u5927\u7d71\u9818\u9078\u6319\u5f8c\u306e\u53cd\u30c8\u30e9\u30f3\u30d7\u653f\u6cbb\u6d3b\u52d5\u3092\u6247\u52d5<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u5f8c\u306e\u91d1\u878d\u5e02\u5834\u306b\u3064\u3044\u3066\u8457\u540d\u6295\u8cc7\u5bb6\u306e\u610f\u898b\u3092\u805e\u3044\u3066\u3086\u3053\u3046\u3002\u4eca\u56de\u306f\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u3067\u3042\u308b\u3002 \u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306f\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3068\u3068\u3082\u306b\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u7acb\u3061\u4e0a\u3052\u305f\u3053\u3068\u3067\u77e5\u3089\u308c\u3001\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u304c\u6240\u5c5e\u3057 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4739\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f: \u91d1\u5229\u306f\u9593\u9055\u3044\u306a\u304f\u4e0a\u304c\u308b\u3001\u3057\u304b\u3082\u4e16\u754c\u7684\u306b<\/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":[59,118,111,57,108,110],"tags":[29],"class_list":["post-4739","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-commodity-markets","category-bond-markets","category-gold","tag-jim-rogers"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4739","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=4739"}],"version-history":[{"count":18,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4739\/revisions"}],"predecessor-version":[{"id":4761,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/4739\/revisions\/4761"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=4739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=4739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=4739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}