{"id":58565,"date":"2025-01-16T20:00:00","date_gmt":"2025-01-16T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=58565"},"modified":"2025-01-16T18:09:05","modified_gmt":"2025-01-16T09:09:05","slug":"%e3%83%ac%e3%82%a4%e3%83%bb%e3%83%80%e3%83%aa%e3%82%aa%e6%b0%8f-%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e3%81%a8%e9%80%9a%e8%b2%a8%e5%ae%89%e3%81%ae%e3%83%aa%e3%82%b9%e3%82%af%e3%82%92%e8%80%83%e3%81%88","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58565","title":{"rendered":"\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 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href=\"https:\/\/amzn.to\/3IWcV1T\" target=\"_blank\" rel=\"noreferrer 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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>\u653f\u5e9c\u50b5\u52d9\u306f\u554f\u984c\u306a\u3044\u306e\u304b<\/strong><\/p>\n\n\n\n<p>\u554f\u984c\u306e\u6839\u6e90\u306f\u653f\u5e9c\u306b\u3088\u308b\u653f\u5e9c\u652f\u51fa\u3068\u653f\u5e9c\u306e\u501f\u91d1\u3067\u3042\u308b\u3002\u30b3\u30ed\u30ca\u5f8c\u3001\u5148\u9032\u56fd\u306e\u83ab\u5927\u306a\u73fe\u91d1\u7d66\u4ed8\u304c\u4e16\u754c\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/50460\" data-type=\"post\" data-id=\"50460\">\u30c8\u30e9\u30f3\u30d7\u6c0f: \u73fe\u91d1\u7d66\u4ed8\u3067\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u306e\u306f\u30d0\u30a4\u30c7\u30f3\u6c0f\u3060<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u653f\u5e9c\u50b5\u52d9\u306f\u554f\u984c\u306a\u3044\u306e\u304b\u3002\u305d\u308c\u3053\u305d\u30c0\u30ea\u30aa\u6c0f\u304c\u524d\u8457\u3067\u8a9e\u3063\u3066\u3044\u305f\u3053\u3068\u3060\u304c\u3001\u4f4e\u91d1\u5229\u653f\u7b56\u306f\u6700\u521d\u306f\u30a4\u30f3\u30d5\u30ec\u306a\u304d\u682a\u9ad8\u3092\u751f\u3080\u3002\u6d41\u5165\u3057\u305f\u8cc7\u91d1\u304c\u91d1\u878d\u5e02\u5834\u306b\u3057\u304b\u884c\u304b\u306a\u3044\u9593\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u306b\u526f\u4f5c\u7528\u304c\u306a\u3044\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u4f4e\u91d1\u5229\u653f\u7b56\u306f\u91cf\u7684\u7de9\u548c\u306b\u306a\u308a\u3001\u30b3\u30ed\u30ca\u5f8c\u306b\u306f\u91cf\u7684\u7de9\u548c\u3067\u3082\u8db3\u308a\u306a\u304f\u306a\u3063\u3066\u73fe\u91d1\u7d66\u4ed8\u306b\u79fb\u884c\u3057\u3001\u4e16\u754c\u7684\u306a\u7269\u4fa1\u9ad8\u9a30\u3092\u751f\u3093\u3060\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30a4\u30f3\u30d5\u30ec\u5bfe\u7b56\u3067\u91d1\u5229\u3092\u4e0a\u3052\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304b\u3063\u305f\u3053\u3068\u306b\u3088\u3063\u3066\u3001\u653f\u5e9c\u50b5\u52d9\u306b\u591a\u984d\u306e\u5229\u6255\u3044\u304c\u767a\u751f\u3057\u3001\u30a2\u30e1\u30ea\u30ab\u3067\u306fGDP\u306e4%\u8fd1\u304f\u304c\u56fd\u50b5\u306e\u5229\u6255\u3044\u306b\u6d88\u3048\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>\u30a2\u30e1\u30ea\u30ab\u306f\u501f\u91d1\u306e\u5229\u6255\u3044\u3092\u65b0\u305f\u306a\u501f\u91d1\u306b\u3088\u3063\u3066\u8fd4\u3057\u3066\u3044\u308b\u3002\u3060\u304c\u305d\u308c\u304c\u65b0\u305f\u306a\u5229\u6255\u3044\u3092\u751f\u3080\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u3067\u653f\u5e9c\u50b5\u52d9\u304c\u306d\u305a\u307f\u7b97\u5f0f\u306b\u5897\u3048\u3066\u304a\u308a\u3001\u591a\u304f\u306e\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u3092\u5fc3\u914d\u3057\u3066\u3044\u308b\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\/55210\" data-type=\"post\" data-id=\"55210\">\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u7c73\u56fd\u306f\u50b5\u52d9\u5371\u6a5f\u3092\u4e57\u308a\u5207\u308b\u305f\u3081\u306b\u30c9\u30eb\u3092\u72a0\u7272\u306b\u3057\u4e0b\u843d\u3055\u305b\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u56fd\u50b5\u3092\u6301\u3064\u30ea\u30b9\u30af<\/strong><\/p>\n\n\n\n<p>\u6a5f\u95a2\u6295\u8cc7\u5bb6\u305f\u3061\u306f\u4e3b\u306b\u56fd\u50b5\u306e\u4fa1\u683c\u4e0b\u843d\u3092\u5fc3\u914d\u3057\u3066\u3044\u308b\u304c\u3001\u305d\u308c\u306f\u4e00\u822c\u306e\u56fd\u6c11\u306b\u3068\u3063\u3066\u3082\u4ed6\u4eba\u4e8b\u3067\u306f\u306a\u3044\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u4eba\u3005\u306e\u9810\u91d1\u5148\u306e\u9280\u884c\u306f\u9810\u91d1\u3067\u56fd\u50b5\u3092\u8cb7\u3063\u3066\u3044\u308b\u306e\u3067\u3001\u9810\u91d1\u8005\u306f\u9593\u63a5\u7684\u306b\u56fd\u50b5\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u3068\u8a00\u3048\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u4e00\u822c\u306b\u3001\u3042\u308b\u3044\u306f\u91d1\u878d\u696d\u754c\u3067\u3082\u56fd\u50b5\u306f\u5b89\u5168\u8cc7\u7523\u3060\u3068\u3044\u3046\u3053\u3068\u304c\u8a00\u308f\u308c\u3066\u3044\u305f\u3002\u3060\u304c\u30a4\u30f3\u30d5\u30ec\u3084\u901a\u8ca8\u5b89\u304c\u8d77\u304d\u308b\u4e16\u754c\u3067\u306f\u3001\u300c\u5b89\u5168\u300d\u306e\u610f\u5473\u3092\u8003\u3048\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\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>\u308f\u305f\u3057\u306b\u3068\u3063\u3066\u8208\u5473\u6df1\u3044\u3053\u3068\u3060\u304c\u3001\u683c\u4ed8\u3051\u4f1a\u793e\u304c\u56fd\u50b5\u306e\u683c\u4ed8\u3051\u3092\u884c\u3046\u3068\u304d\u3001\u56fd\u50b5\u304c\u4fa1\u5024\u3092\u5931\u3046\u30ea\u30b9\u30af\u3092\u8a55\u4fa1\u3057\u3066\u3044\u306a\u3044\u3053\u3068\u306f\u4e0d\u9069\u5207\u3060\u3002<\/p>\n\n\n\n<p>\u5f7c\u3089\u306f\u30c7\u30d5\u30a9\u30eb\u30c8\u306e\u30ea\u30b9\u30af\u3060\u3051\u3092\u8a55\u4fa1\u3059\u308b\u3002\u305d\u3057\u3066\u305d\u306e\u3053\u3068\u306b\u3088\u308a\u3001\u9ad8\u683c\u4ed8\u3051\u306e\u56fd\u50b5\u306f\u3059\u3079\u3066\u5bcc\u306e\u8caf\u8535\u624b\u6bb5\u3068\u3057\u3066\u5b89\u5168\u3060\u3068\u3044\u3046\u8aa4\u89e3\u3092\u4e0e\u3048\u3066\u3057\u307e\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u304c\u8a00\u3063\u3066\u3044\u308b\u306e\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u3084\u901a\u8ca8\u5b89\u306e\u30ea\u30b9\u30af\u306e\u3053\u3068\u3067\u3042\u308b\u3002\u30c0\u30ea\u30aa\u6c0f\u306e\u524d\u8457\u306e\u6b74\u53f2\u7814\u7a76\u3067\u306f\u3001\u6b74\u53f2\u4e0a\u306e\u3059\u3079\u3066\u306e\u901a\u8ca8\u306f\u30a4\u30f3\u30d5\u30ec\u3084\u901a\u8ca8\u5b89\u3067\u6d88\u3048\u53bb\u308b\u304b\u3001\u305d\u3046\u3067\u306a\u304f\u3068\u3082\u5927\u5e45\u306b\u4fa1\u5024\u304c\u4e0b\u304c\u3063\u3066\u304d\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/58199\" data-type=\"post\" data-id=\"58199\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 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class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57641\" data-type=\"post\" data-id=\"57641\">\u30df\u30ec\u30a4\u5927\u7d71\u9818\u3001\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u3092\u6c38\u9060\u306b\u7d9a\u3051\u308b\u3068\u3069\u3046\u306a\u308b\u304b\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u7d19\u5e63\u5370\u5237\u306e\u610f\u5473<\/strong><\/p>\n\n\n\n<p>\u4e2d\u592e\u9280\u884c\u304c\u7d19\u5e63\u3092\u5370\u5237\u3059\u308c\u3070\u653f\u5e9c\u50b5\u52d9\u306f\u8fd4\u305b\u308b\u3001\u3060\u304b\u3089\u5148\u9032\u56fd\u306f\u30c7\u30d5\u30a9\u30eb\u30c8\u3057\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u307e\u3053\u3068\u3057\u3084\u304b\u306b\u56c1\u304b\u308c\u3066\u304d\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f\u6b63\u3057\u3044\u3002\u4e2d\u592e\u9280\u884c\u304c\u7d19\u5e63\u5370\u5237\u3092\u3059\u308c\u3070\u653f\u5e9c\u306f\u30c7\u30d5\u30a9\u30eb\u30c8\u3057\u306a\u3044\u3002\u3060\u304c\u3001\u305d\u308c\u306f\u901a\u8ca8\u5b89\u3068\u30a4\u30f3\u30d5\u30ec\u3067\u56fd\u6c11\u304c\u3069\u3046\u306a\u3063\u3066\u3082\u826f\u3044\u3068\u8003\u3048\u308b\u4eba\u3060\u3051\u304c\u53e3\u306b\u3059\u308b\u30a2\u30a4\u30c7\u30a2\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e8b\u5b9f\u3001\u65e5\u672c\u5186\u306e\u4fa1\u5024\u306f\u30a2\u30d9\u30ce\u30df\u30af\u30b9\u4ee5\u6765\u306e\u91cf\u7684\u7de9\u548c\u306b\u3088\u3063\u3066\u30c9\u30eb\u3068\u6bd4\u3079\u3066\u534a\u5206\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u305d\u308c\u306f\u65e5\u672c\u5186\u3092\u4fdd\u6709\u3059\u308b\u65e5\u672c\u4eba\u306b\u3068\u3063\u3066\u8f38\u5165\u7269\u4fa1\u304c\u500d\u306b\u306a\u3063\u305f\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3001\u65e5\u672c\u5186\u306b\u6bd4\u3079\u308c\u3070\u4fa1\u5024\u3092\u7dad\u6301\u3057\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u30c9\u30eb\u3067\u3055\u3048\u3082\u3001\u3053\u308c\u307e\u3067\u306e\u30a4\u30f3\u30d5\u30ec\u306e\u304a\u9670\u3067\u30b4\u30fc\u30eb\u30c9\u306b\u6bd4\u3079\u308c\u3070\u8457\u3057\u304f\u6e1b\u4fa1\u3057\u3066\u3044\u308b\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\/57960\" data-type=\"post\" data-id=\"57960\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 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class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u4e2d\u592e\u9280\u884c\u306f\u653f\u5e9c\u3092\u6551\u6e08\u3067\u304d\u308b\u306e\u3067\u3001\u56fd\u50b5\u306e\u672c\u5f53\u306e\u30ea\u30b9\u30af\u306f\u96a0\u3055\u308c\u308b\u3002<\/p>\n\n\n\n<p>\u50b5\u6a29\u8005\u306b\u3068\u3063\u3066\u306f\u3001\u683c\u4ed8\u3051\u4f1a\u793e\u304c\u30c7\u30d5\u30a9\u30eb\u30c8\u3068\u6e1b\u4fa1\u306e\u4e21\u65b9\u306e\u30ea\u30b9\u30af\u3092\u6b63\u3057\u304f\u8a55\u4fa1\u3067\u304d\u3066\u3044\u305f\u65b9\u304c\u826f\u304b\u3063\u305f\u3060\u308d\u3046\u3002\u7d50\u5c40\u3001\u56fd\u50b5\u306f\u5bcc\u306e\u8caf\u8535\u624b\u6bb5\u306a\u306e\u3060\u304b\u3089\u3001\u305d\u306e\u3088\u3046\u306b\u8a55\u4fa1\u3055\u308c\u308b\u3079\u304d\u306a\u306e\u3060\u3002<\/p>\n\n\n\n<p>\u30c7\u30d5\u30a9\u30eb\u30c8\u304b\u6e1b\u4fa1\u304b\u3001\u305d\u3093\u306a\u3053\u3068\u306f\u3069\u3061\u3089\u3067\u3082\u3044\u3044\u3002\u308f\u305f\u3057\u306b\u3068\u3063\u3066\u91cd\u8981\u306a\u306e\u306f\u305d\u306e\u8cc7\u7523\u4fa1\u5024\u304c\u4e0b\u304c\u308b\u304b\u3069\u3046\u304b\u3067\u3042\u3063\u3066\u3001\u305d\u308c\u306f\u3069\u3061\u3089\u306b\u3057\u3066\u3082\u907f\u3051\u3089\u308c\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u300c\u305d\u308c\u306f\u3069\u3061\u3089\u306b\u3057\u3066\u3082\u907f\u3051\u3089\u308c\u306a\u3044\u300d\u3068\u3055\u3089\u3063\u3068\u66f8\u3044\u3066\u3044\u308b\u3068\u3053\u308d\u304c\u6050\u308d\u3057\u3044\u3002\u3060\u304c\u30c0\u30ea\u30aa\u6c0f\u306e\u524d\u8457\u306e\u6b74\u53f2\u7814\u7a76\u3092\u8aad\u3081\u3070\u3001\u305d\u308c\u3092\u907f\u3051\u3089\u308c\u305f\u5927\u56fd\u306a\u3069\u6b74\u53f2\u4e0a\u307b\u3068\u3093\u3069\u306a\u3044\u3053\u3068\u304c\u5206\u304b\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/81CZHKszf9L._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\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\u304c\u3001\u81ea\u8eab\u306e\u30d6\u30ed\u30b0\u3067\u65b0\u8457\u300e\u56fd\u5bb6\u306f\u3069\u306e\u3088\u3046\u306b\u3057\u3066\u4e00\u6587\u7121\u3057\u306b\u306a\u308b\u306e\u304b\uff1f\u300f\uff08\u4eee\u8a33\uff09\u306e\u5185\u5bb9\u3092\u89e3\u8aac\u3057\u3066\u3044\u308b\u306e\u3067\u3001\u5f15\u304d\u7d9a\u304d\u7d39\u4ecb\u3057\u3066\u3086\u304f\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[118,120,19,108],"tags":[102],"class_list":["post-58565","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-usdjpy","category-foreign-exchange-market","category-bond-markets","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/58565","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=58565"}],"version-history":[{"count":42,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/58565\/revisions"}],"predecessor-version":[{"id":58608,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/58565\/revisions\/58608"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=58565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=58565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=58565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}