{"id":55152,"date":"2024-10-16T20:00:00","date_gmt":"2024-10-16T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=55152"},"modified":"2024-10-16T11:56:26","modified_gmt":"2024-10-16T02:56:26","slug":"%e3%83%98%e3%82%a4%e3%82%b3%e3%83%83%e3%82%af%e6%b0%8f-%e3%82%a2%e3%83%a1%e3%83%aa%e3%82%ab%e3%81%ae%e8%b2%a1%e6%94%bf%e5%95%8f%e9%a1%8c%e3%81%af%e3%82%82%e3%81%86%e9%95%b7%e3%81%8f%e3%81%af%e3%82%82","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/55152","title":{"rendered":"\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u554f\u984c\u306f\u3082\u3046\u9577\u304f\u306f\u3082\u305f\u306a\u3044"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001Von Greyerz\u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u3067\u3042\u308b\u30b8\u30e7\u30cb\u30fc\u30fb\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306eSFO Continuity\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002\u4eca\u56de\u306f\u91d1\u76f8\u5834\u3068\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u554f\u984c\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30b4\u30fc\u30eb\u30c9\u3068\u7c73\u56fd\u306e\u50b5\u52d9\u554f\u984c<\/strong><\/p>\n\n\n\n<p>\u91d1\u4fa1\u683c\u304c\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002\u524d\u56de\u306e\u8a18\u4e8b\u3067\u306f\u3001\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u305d\u306e\u7406\u7531\u306b\u4e16\u754c\u4e2d\u306e\u4e2d\u592e\u9280\u884c\u3001\u7279\u306b\u6771\u5074\u8af8\u56fd\u306e\u4e2d\u592e\u9280\u884c\u304c\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u308b\u3053\u3068\u3092\u6319\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\/55076\" data-type=\"post\" data-id=\"55076\">\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u91d1\u4fa1\u683c\u304c\u3068\u3093\u3067\u3082\u306a\u304f\u4e0a\u6607\u3057\u3066\u3044\u308b\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3067\u306f\u4f55\u6545\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u308b\u306e\u304b\u3002\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u305d\u306e\u554f\u984c\u3092\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c\u304c\u8feb\u3063\u3066\u3044\u308b\u3053\u3068\u3068\u7d50\u3073\u3064\u3051\u3066\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\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>\u7687\u5e1d\u306f\u88f8\u3060\u3002\u7687\u5e1d\u304c\u88f8\u3060\u3068\u3044\u3046\u3053\u3068\u304c\u77e5\u308c\u6e21\u3063\u3066\u3057\u307e\u3063\u3066\u3044\u308b\u3002\u52ff\u8ad6\u30a2\u30e1\u30ea\u30ab\u306e\u3053\u3068\u3060\u3002\u3060\u304b\u3089\u6771\u5074\u8af8\u56fd\u306e\u4e2d\u592e\u9280\u884c\u306f\u52d5\u3044\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u30b4\u30fc\u30eb\u30c9\u306e\u5916\u8ca8\u6e96\u5099\u5897\u52a0\u3092\u30a2\u30e1\u30ea\u30ab\u306e\u554f\u984c\u304b\u3089\u306e\u8af8\u5916\u56fd\u306e\u9003\u907f\u3060\u3068\u8003\u3048\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c<\/strong><\/p>\n\n\n\n<p>\u3067\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u554f\u984c\u3068\u306f\u4f55\u304b\u3002\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\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>\u554f\u984c\u306f2\u3064\u3042\u308b\u30021\u3064\u306f\u6301\u7d9a\u4e0d\u80fd\u306a\u50b5\u52d9\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u3067\u306f\u30b3\u30ed\u30ca\u798d\u306b\u884c\u308f\u308c\u305f\u83ab\u5927\u306a\u73fe\u91d1\u7d66\u4ed8\u3067\u653f\u5e9c\u50b5\u52d9\u304c\u5927\u5e45\u306b\u5897\u52a0\u3057\u305f\u4e0a\u306b\u3001\u305d\u306e\u73fe\u91d1\u7d66\u4ed8\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u306e\u3067\u91d1\u5229\u304c\u4e0a\u304c\u308a\u3001\u83ab\u5927\u306a\u653f\u5e9c\u50b5\u52d9\u306b\u591a\u984d\u306e\u5229\u6255\u3044\u304c\u767a\u751f\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u5229\u6255\u3044\u8cbb\u7528\u3092GDP\u6bd4\u3067\u898b\u308b\u3068\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\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\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png\" alt=\"\" class=\"wp-image-51669\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p>\u7c73\u56fd\u653f\u5e9c\u306f\u4eca\u3001\u3053\u306e\u56fd\u50b5\u306e\u5229\u6255\u3044\u306e\u305f\u3081\u306b\u65b0\u305f\u306a\u56fd\u50b5\u3092\u767a\u884c\u3059\u308b\u3068\u3044\u3046\u81ea\u8ee2\u8eca\u64cd\u696d\u3092\u884c\u306a\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\/50221\" data-type=\"post\" data-id=\"50221\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u65e5\u672c\u7d4c\u6e08\u306f\u6700\u60aa\u3060\u3001\u7c73\u56fd\u306e\u653f\u5e9c\u50b5\u52d9\u306f5\u5e74\u4ee5\u5185\u306b\u7834\u7dbb\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u30c9\u30eb\u3092\u4f7f\u3063\u305f\u7d4c\u6e08\u5236\u88c1<\/strong><\/p>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306b\u3088\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u554f\u984c\u306f\u3082\u30461\u3064\u3042\u308b\u3002\u30d8\u30a4\u30b3\u30c3\u30af\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>\u3082\u30461\u3064\u306f\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u4ee5\u5f8c\u306e\u30ed\u30b7\u30a2\u306b\u5bfe\u3059\u308b\u7d4c\u6e08\u5236\u88c1\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>2022\u5e74\u306e\u30ed\u30b7\u30a2\u306b\u3088\u308b\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u5f8c\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u30ed\u30b7\u30a2\u306b\u5bfe\u3057\u3066\u30c9\u30eb\u3092\u4f7f\u3063\u305f\u7d4c\u6e08\u5236\u88c1\u3092\u8ab2\u3057\u305f\u3002\u30ed\u30b7\u30a2\u95a2\u9023\u306e\u30c9\u30eb\u8cc7\u7523\u3092\u51cd\u7d50\u3057\u3001\u30ed\u30b7\u30a2\u304c\u56fd\u969b\u7684\u306a\u6c7a\u6e08\u3092\u51fa\u6765\u306a\u3044\u3088\u3046\u306b\u3057\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u3060\u3051\u306a\u3089\u307e\u3060\u826f\u304b\u3063\u305f\u306e\u3060\u304c\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u5f53\u6642\u30ed\u30b7\u30a2\u5236\u88c1\u306b\u5354\u529b\u7684\u3067\u306f\u306a\u3044\u7121\u95a2\u4fc2\u306e\u56fd\u306b\u5bfe\u3057\u3066\u3082\u5236\u88c1\u3092\u3061\u3089\u3064\u304b\u305b\u306a\u304c\u3089\u30ed\u30b7\u30a2\u5236\u88c1\u306b\u52a0\u62c5\u3059\u308b\u3088\u3046\u306b\u8feb\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u3092\u53d7\u3051\u3066\u7121\u95a2\u4fc2\u306e\u56fd\u3005\u306f\u3053\u3046\u601d\u3063\u305f\u306b\u9055\u3044\u306a\u3044\u3002\u30c9\u30eb\u3092\u6301\u3063\u3066\u3044\u308c\u3070\u30a2\u30e1\u30ea\u30ab\u306e\u4e8b\u60c5\u3067\u3044\u3064\u3067\u3082\u8cc7\u7523\u3092\u6ca1\u53ce\u3055\u308c\u304b\u306d\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\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>\u305d\u308c\u304c\u610f\u5473\u3059\u308b\u306e\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u305d\u306e\u6c17\u306b\u306a\u308c\u3070\u8ab0\u306e\u91d1\u3067\u3082\u76d7\u3081\u308b\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u3060\u304b\u3089\u5f53\u7136\u6771\u5074\u8af8\u56fd\u306e\u4e2d\u592e\u9280\u884c\u306f\u30c9\u30eb\u5efa\u3066\u306e\u8cc7\u7523\u3092\u30b4\u30fc\u30eb\u30c9\u306b\u7f6e\u304d\u63db\u3048\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4e8b\u5b9f\u3001\u4e2d\u56fd\u3084\u30a4\u30f3\u30c9\u306a\u3069\u306eBRICS\u8af8\u56fd\u3084\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u306a\u3069\u306e\u4e2d\u6771\u8af8\u56fd\u306f\u30c9\u30eb\u3067\u306e\u6c7a\u6e08\u3092\u6e1b\u3089\u3057\u3066\u3044\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3046\u3059\u308c\u3070\u3053\u3046\u3057\u305f\u56fd\u3005\u306f\u30c9\u30eb\u3092\u4fdd\u6709\u3059\u308b\u5fc5\u8981\u304c\u306a\u304f\u306a\u308b\u3002\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306b\u3088\u308c\u3070\u3001\u305d\u308c\u304c\u30c9\u30eb\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u3078\u306e\u9003\u907f\u306b\u7e4b\u304c\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\/44262\" data-type=\"post\" data-id=\"44262\">\u30d7\u30fc\u30c1\u30f3\u5927\u7d71\u9818: \u30c9\u30eb\u3092\u4f7f\u3063\u305f\u7d4c\u6e08\u5236\u88c1\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u81ea\u6bba\u884c\u70ba<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u30c9\u30eb\u304b\u3089\u306e\u9003\u907f\u3068\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u5371\u6a5f<\/strong><\/p>\n\n\n\n<p>\u3053\u306e\u30c9\u30eb\u304b\u3089\u306e\u9003\u907f\u306e\u554f\u984c\u3068\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c\u306f\u5225\u3005\u306e\u3082\u306e\u3067\u306f\u306a\u3044\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u30be\u30eb\u30bf\u30f3\u30fb\u30dd\u30b8\u30e3\u30fc\u30eb\u6c0f\u304c\u8a00\u3046\u3088\u3046\u306b\u3001\u30c9\u30eb\u96e2\u308c\u306f\u7c73\u56fd\u50b5\u96e2\u308c\u3092\u610f\u5473\u3057\u3001\u7c73\u56fd\u50b5\u306e\u4fa1\u683c\u4e0b\u843d\u306b\u7e4b\u304c\u308b\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\/50785\" data-type=\"post\" data-id=\"50785\">\u30dd\u30b8\u30e3\u30fc\u30eb\u6c0f: \u4e16\u754c\u7684\u306a\u30c9\u30eb\u96e2\u308c\u306e\u7d50\u679c\u306f\u30c9\u30eb\u5186\u4e0b\u843d\u3067\u306f\u306a\u304f\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u5371\u6a5f<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30c9\u30eb\u96e2\u308c\u304c\u50b5\u52d9\u554f\u984c\u3092\u60aa\u5316\u3055\u305b\u3001\u50b5\u52d9\u554f\u984c\u306e\u60aa\u5316\u304c\u30c9\u30eb\u96e2\u308c\u3092\u751f\u3080\u3002\u3053\u308c\u306f\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u304c\u300e<a href=\"https:\/\/amzn.to\/4aeFfZ8\" target=\"_blank\" rel=\"noreferrer noopener\">\u30bd\u30ed\u30b9\u306e\u932c\u91d1\u8853<\/a>\u300f\u304c\u8aac\u660e\u3057\u3066\u3044\u308b\u518d\u5e30\u6027\u306b\u3088\u308b\u30d0\u30d6\u30eb\u5d29\u58ca\u306e\u56f3\u5f0f\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30bd\u30ed\u30b9\u6c0f\u306b\u3088\u308c\u3070\u3001\u518d\u5e30\u7684\u306a\uff08\u81ea\u5df1\u5f37\u5316\u7684\u306a\uff09\u30c8\u30ec\u30f3\u30c9\u306f\u81ea\u3089\u3092\u5f37\u5316\u3057\u306a\u304c\u3089\u3001\u305d\u306e\u8cc7\u7523\u304c\u9006\u306b\u58f2\u3089\u308c\u3059\u304e\u306e\u6c34\u6e96\u306b\u306a\u308b\u307e\u3067\u7a81\u304d\u9032\u3093\u3067\u3086\u304f\u3002<\/p>\n\n\n\n<p><strong>\u52a0\u901f\u3059\u308b\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c<\/strong><\/p>\n\n\n\n<p>\u73fe\u5728\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u72b6\u6cc1\u306b\u3064\u3044\u3066\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\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>\u512a\u308c\u305f\u6b74\u53f2\u5bb6\u306e\u30ca\u30a4\u30eb\u30fb\u30d5\u30a1\u30fc\u30ac\u30bd\u30f3\u6c0f\u306e\u6700\u8fd1\u306e\u767a\u8a00\u3060\u304c\u3001\u6b74\u53f2\u3092\u632f\u308a\u8fd4\u308c\u3070\u3001\u5927\u56fd\u306b\u304a\u3044\u3066\u8ca0\u50b5\u3078\u306e\u5229\u6255\u3044\u304c\u56fd\u9632\u8cbb\u3092\u4e0a\u56de\u308b\u3068\u304d\u3001\u3082\u3046\u305d\u306e\u56fd\u306f\u9577\u304f\u306f\u3082\u305f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u305d\u308c\u304c\u4eca\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u72b6\u6cc1\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u305d\u3057\u3066\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306b\u3088\u308c\u3070\u3001\u305d\u308c\u3053\u305d\u304c\u91d1\u4fa1\u683c\u304c\u7570\u5e38\u306b\u4e0a\u304c\u3063\u3066\u3044\u308b\u7406\u7531\u3060\u3068\u3044\u3046\u3002\u91d1\u4fa1\u683c\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\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\/2024\/10\/2024-10-16-gold-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"706\" height=\"552\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/10\/2024-10-16-gold-chart.png\" alt=\"\" class=\"wp-image-55193\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/10\/2024-10-16-gold-chart.png 706w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/10\/2024-10-16-gold-chart-300x235.png 300w\" sizes=\"auto, (max-width: 706px) 100vw, 706px\" \/><\/a><\/figure>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\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\">\n<p>\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u306e\u306b\u3001\u91d1\u76f8\u5834\u306f\u305d\u308c\u3067\u3082\u4e0a\u304c\u308a\u7d9a\u3051\u3066\u3044\u308b\u3002\u91d1\u76f8\u5834\u306f\u91d1\u5229\u304c\u4e0b\u304c\u308b\u6642\u306b\u8abf\u5b50\u304c\u826f\u3044\u306f\u305a\u306a\u306e\u306b\u3060\u3002\u3060\u304c\u4eca\u56de\u306f\u305d\u3046\u306a\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u91d1\u4fa1\u683c\u306f\u30b3\u30ed\u30ca\u5f8c\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u4e0a\u304c\u3063\u305f\u304c\u3001\u305d\u306e\u5f8c\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u30a4\u30f3\u30d5\u30ec\u304c\u6e1b\u901f\u3059\u308b\u5c40\u9762\u306b\u304a\u3044\u3066\u3082\u305d\u308c\u307b\u3069\u4e0b\u304c\u3089\u305a\u3001\u3059\u3050\u306b\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u3092\u53d6\u308a\u623b\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306f\u3053\u3046\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>\u305d\u308c\u304c\u3069\u3046\u3057\u3066\u304b\u8003\u3048\u306a\u3051\u308c\u3070\u3044\u3051\u306a\u3044\u3002\u305d\u3057\u3066\u305d\u306e\u7406\u7531\u306f\u3001\u50b5\u5238\u5e02\u5834\u304c\u30a2\u30e1\u30ea\u30ab\u306f\u672c\u5f53\u306e\u554f\u984c\u3092\u62b1\u3048\u3066\u3044\u308b\u3068\u6c17\u4ed8\u3044\u305f\u304b\u3089\u3060\u3002GDP\u306e7%\u306e\u8ca1\u653f\u8d64\u5b57\u3001125%\u306e\u50b5\u52d9\u3001\u305d\u308c\u306f\u6301\u7d9a\u4e0d\u80fd\u3060\u3002<\/p>\n\n\n\n<p>\u6771\u5074\u8af8\u56fd\u306e\u4e2d\u592e\u9280\u884c\u306f\u305d\u308c\u306b\u6c17\u4ed8\u3044\u305f\u3002\u305d\u3057\u3066\u81ea\u5206\u304c\u30b4\u30fc\u30eb\u30c9\u306e\u5916\u8ca8\u6e96\u5099\u3092\u6301\u3063\u3066\u3044\u306a\u3044\u3053\u3068\u306b\u6c17\u4ed8\u3044\u305f\u3002\u3060\u304b\u3089\u5f7c\u3089\u306f\u731b\u70c8\u306a\u52e2\u3044\u3067\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u308b\u306e\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30b4\u30fc\u30eb\u30c9\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3082\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\/54722\" data-type=\"post\" data-id=\"54722\">\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u304c\u30c9\u30eb\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u8cc7\u7523\u3092\u7d39\u4ecb\u3001\u30b4\u30fc\u30eb\u30c9\u3088\u308a\u30b7\u30eb\u30d0\u30fc\u304c\u826f\u3044<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/52771\" data-type=\"post\" data-id=\"52771\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u7d19\u5e63\u304c\u4fa1\u5024\u3092\u5931\u3046\u3068\u304d\u8cc7\u91d1\u306f\u30b4\u30fc\u30eb\u30c9\u306b\u9003\u907f\u3059\u308b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/49783\" data-type=\"post\" data-id=\"49783\">\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f: \u30b4\u30fc\u30eb\u30c9\u3068\u30b7\u30eb\u30d0\u30fc\u306e\u672c\u5f53\u306e\u4e0a\u3052\u76f8\u5834\u306f\u3053\u308c\u304b\u3089<\/a><\/li>\n<\/ul>\n\n\n\n<a href=\"https:\/\/amzn.to\/4aeFfZ8\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/41Gf0zCDCPL._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/4aeFfZ8\" target=\"_blank\" rel=\"noreferrer noopener\">\u30bd\u30ed\u30b9\u306e\u932c\u91d1\u8853<\/a>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001Von Greyerz\u306e\u30d1\u30fc\u30c8\u30ca\u30fc\u3067\u3042\u308b\u30b8\u30e7\u30cb\u30fc\u30fb\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f\u306eSFO Continuity\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002\u4eca\u56de\u306f\u91d1\u76f8\u5834\u3068\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u554f\u984c\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u90e8\u5206\u3092\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118,57,108,110],"tags":[201],"class_list":["post-55152","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-commodity-markets","category-bond-markets","category-gold","tag-jonny-haycock"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/55152","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=55152"}],"version-history":[{"count":56,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/55152\/revisions"}],"predecessor-version":[{"id":55209,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/55152\/revisions\/55209"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=55152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=55152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=55152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}