{"id":66063,"date":"2025-06-01T20:00:00","date_gmt":"2025-06-01T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=66063"},"modified":"2025-06-01T19:37:07","modified_gmt":"2025-06-01T10:37:07","slug":"%e3%83%8d%e3%82%a4%e3%83%94%e3%82%a2%e6%b0%8f-%e7%b1%b3%e5%9b%bd%e3%81%ae%e5%82%b5%e5%8b%99%e5%95%8f%e9%a1%8c%e3%80%81%e7%b1%b3%e5%9b%bd%e6%94%bf%e5%ba%9c%e3%81%af%e7%b1%b3%e5%9b%bd%e5%82%b5%e4%bf%9d","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66063","title":{"rendered":"\u30cd\u30a4\u30d4\u30a2\u6c0f: \u7c73\u56fd\u306e\u50b5\u52d9\u554f\u984c\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u4ed6\u56fd\u304b\u3089\u56fd\u50b5\u58f2\u5374\u3067\u8105\u3055\u308c\u308b\u53ef\u80fd\u6027"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001The Solid Ground Newsletter\u306e\u30e9\u30c3\u30bb\u30eb\u30fb\u30cd\u30a4\u30d4\u30a2\u6c0f\u306e\u3001Hidden Forces\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u56de\u306f\u8987\u6a29\u56fd\u5bb6\u306e\u8870\u9000\u3068\u3001\u305d\u306e\u6642\u306b\u305d\u306e\u56fd\u306e\u56fd\u50b5\u3092\u6301\u3063\u3066\u3044\u308b\u4eba\u304c\u3069\u3046\u306a\u308b\u304b\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>\u30c9\u30eb\u304b\u3089\u306e\u8cc7\u7523\u9003\u907f<\/strong><\/p>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306e\u8a18\u4e8b\u3067\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u3001\u4e2d\u56fd\u306a\u3069\u3053\u308c\u307e\u3067\u30a2\u30e1\u30ea\u30ab\u306b\u8f38\u51fa\u3057\u3066\u3044\u305f\u56fd\u304c\u8cbf\u6613\u3067\u5f97\u305f\u30c9\u30eb\u3092\u305d\u306e\u307e\u307e\u5916\u8ca8\u6e96\u5099\u3068\u3057\u3066\u84c4\u3048\u3066\u3044\u305f\u3053\u3068\u3067\u30c9\u30eb\u3068\u7c73\u56fd\u50b5\u304c\u652f\u3048\u3089\u308c\u3066\u3044\u305f\u3053\u3068\u3001\u305d\u3057\u3066\u305d\u306e\u30c8\u30ec\u30f3\u30c9\u306f\u9006\u6d41\u305b\u3056\u308b\u3092\u5f97\u306a\u3044\u3053\u3068\u3092\u4e88\u60f3\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/65973\" data-type=\"post\" data-id=\"65973\">\u30cd\u30a4\u30d4\u30a2\u6c0f: 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href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66016\" data-type=\"post\" data-id=\"66016\">\u30cd\u30a4\u30d4\u30a2\u6c0f: \u91d1\u4fa1\u683c\u306f\u4e2d\u56fd\u306e\u8cb7\u3044\u3067\u9ad8\u9a30\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u8870\u9000\u3059\u308b\u8987\u6a29\u56fd\u5bb6\u3092\u8105\u3059\u56fd\u50b5\u4fdd\u6709\u8005<\/strong><\/p>\n\n\n\n<p>\u4eca\u56de\u3001\u30cd\u30a4\u30d4\u30a2\u6c0f\u304c\u554f\u984c\u3068\u3057\u3066\u3044\u308b\u306e\u306f\u3001\u30c9\u30eb\u3084\u7c73\u56fd\u50b5\u304b\u3089\u8cc7\u7523\u304c\u9003\u907f\u3057\u3066\u3044\u308b\u72b6\u6cc1\u306b\u304a\u3051\u308b\u30a2\u30e1\u30ea\u30ab\u3068\u7c73\u56fd\u50b5\u4fdd\u6709\u8005\u306e\u95a2\u4fc2\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u81ea\u56fd\u901a\u8ca8\u304b\u3089\u8cc7\u91d1\u304c\u6d41\u51fa\u3057\u3066\u3044\u308b\u6642\u3001\u305d\u306e\u56fd\u306e\u653f\u5e9c\u306f\u53b3\u3057\u3044\u7acb\u5834\u306b\u7f6e\u304b\u308c\u308b\u3002\u305d\u308c\u306f\u8987\u6a29\u56fd\u5bb6\u3082\u4f8b\u5916\u3067\u306f\u306a\u3044\u3002\u3080\u3057\u308d\u3001\u81ea\u56fd\u901a\u8ca8\u3078\u306e\u8cc7\u91d1\u6d41\u5165\u306b\u7d4c\u6e08\u304c\u4f9d\u5b58\u3057\u3066\u3044\u308b\u30a2\u30e1\u30ea\u30ab\u306e\u3088\u3046\u306a\u8987\u6a29\u56fd\u5bb6\u3053\u305d\u3001\u81ea\u56fd\u901a\u8ca8\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u306f\u5371\u60e7\u3059\u3079\u304d\u73fe\u8c61\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u8987\u6a29\u56fd\u5bb6\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u306f\u3053\u308c\u304b\u3089\u306e\u8a71\u3067\u3042\u308b\u3002\u3060\u304b\u3089\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u524d\u306b\u8987\u6a29\u56fd\u5bb6\u3060\u3063\u305f\u5927\u82f1\u5e1d\u56fd\u306e\u901a\u8ca8\u30dd\u30f3\u30c9\u3068\u82f1\u56fd\u50b5\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u306e\u4f8b\u3092\u6301\u3061\u51fa\u3057\u3066\u8a71\u3092\u9032\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30b9\u30a8\u30ba\u904b\u6cb3\u56fd\u6709\u5316<\/strong><\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u3001\u7b2c2\u6b21\u4e16\u754c\u5927\u6226\u5f8c\u3001\u30a8\u30b8\u30d7\u30c8\u304c\u30a4\u30ae\u30ea\u30b9\u306b\u652f\u914d\u3055\u308c\u3066\u3044\u305f\u30b9\u30a8\u30ba\u904b\u6cb3\u3092\u53d6\u308a\u8fd4\u3057\u3001\u30a4\u30ae\u30ea\u30b9\u304c\u305d\u308c\u306b\u5bfe\u3057\u3066\u8ecd\u4e8b\u884c\u52d5\u3092\u53d6\u3063\u305f\u6642\u306e\u3053\u3068\u306b\u3064\u3044\u3066\u3001\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>\u30a4\u30ae\u30ea\u30b9\u8ecd\u304c\u30a8\u30b8\u30d7\u30c8\u306b\u653b\u3081\u8fbc\u3093\u3060\u6642\u306e\u3053\u3068\u3060\u3002\u305d\u3057\u3066\u91cd\u8981\u306a\u306e\u306f\u3001\u305d\u306e\u6642\u30a2\u30e1\u30ea\u30ab\u304c\u4f55\u3092\u3057\u305f\u304b\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>1956\u5e74\u306e\u30b9\u30a8\u30ba\u904b\u6cb3\u56fd\u6709\u5316\u3068\u305d\u306e\u5f8c\u306e\u7b2c2\u6b21\u4e2d\u6771\u6226\u4e89\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30b9\u30a8\u30ba\u904b\u6cb3\u306f19\u4e16\u7d00\u306b\u304a\u3051\u308b\u5927\u82f1\u5e1d\u56fd\u306e\u8987\u6a29\u3092\u793a\u30591\u3064\u306e\u8c61\u5fb4\u3060\u3063\u305f\u3002\u305d\u308c\u306f\u7b2c2\u6b21\u4e16\u754c\u5927\u6226\u306e\u5f8c\u3082\u5c11\u3057\u306e\u9593\u7dad\u6301\u3055\u308c\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u30572\u5ea6\u306e\u4e16\u754c\u5927\u6226\u3067\u8987\u6a29\u56fd\u5bb6\u306e\u5ea7\u304b\u3089\u51cb\u843d\u3057\u3066\u3044\u305f\u30a4\u30ae\u30ea\u30b9\u306f\u3001\u81ea\u56fd\u304b\u3089\u307e\u3063\u305f\u304f\u96e2\u308c\u305f\u30b9\u30a8\u30ba\u904b\u6cb3\u3092\u81ea\u5206\u306e\u3082\u306e\u306e\u3088\u3046\u306b\u6271\u3046\u3053\u3068\u3092\u3082\u306f\u3084\u8a31\u3055\u308c\u306a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u30a8\u30b8\u30d7\u30c8\u81ea\u8eab\u3082\u596e\u6226\u3057\u305f\u304c\u3001\u3053\u308c\u306b\u53cd\u5bfe\u3057\u305f\u306e\u304c\u30a4\u30ae\u30ea\u30b9\u306e\u4ee3\u308f\u308a\u306b\u8987\u6a29\u56fd\u5bb6\u3068\u3057\u3066\u53f0\u982d\u3057\u3066\u3044\u305f\u30a2\u30e1\u30ea\u30ab\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\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>\u30a2\u30e1\u30ea\u30ab\u306f\u30a4\u30ae\u30ea\u30b9\u8ecd\u306e\u884c\u52d5\u306b\u53cd\u5bfe\u3067\u3001\u30a4\u30ae\u30ea\u30b9\u4eba\u306b\u5bfe\u3057\u3066\u3082\u3057\u3053\u308c\u3092\u7d9a\u3051\u308c\u3070\u30a2\u30e1\u30ea\u30ab\u304c\u4fdd\u6709\u3059\u308b\u30dd\u30f3\u30c9\u5efa\u3066\u8cc7\u7523\u3092\u58f2\u308b\u3068\u8a00\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u3067\u30a4\u30ae\u30ea\u30b9\u4eba\u306f\u5f15\u304d\u4e0b\u304c\u3063\u305f\u3002\u4ed6\u306b\u3082\u7406\u7531\u306f\u3042\u3063\u305f\u304c\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u884c\u52d5\u306f\u78ba\u5b9f\u306b\u305d\u306e1\u3064\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u5916\u8ca8\u6e96\u5099\u3092\u4f7f\u3063\u305f\u8105\u8feb\u3002\u305d\u308c\u3060\u3051\u3067\u30a4\u30ae\u30ea\u30b9\u306e\u653f\u6cbb\u306e\u65b9\u5411\u3092\u5909\u3048\u308b\u3053\u3068\u304c\u3067\u304d\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u8987\u6a29\u56fd\u5bb6\u304c\u56fd\u50b5\u58f2\u5374\u3067\u8105\u3055\u308c\u308b<\/strong><\/p>\n\n\n\n<p>\u3053\u3053\u3067\u91cd\u8981\u306a\u306e\u304c\u3001\u65b0\u305f\u306a\u8987\u6a29\u56fd\u5bb6\u30a2\u30e1\u30ea\u30ab\u304c\u53e4\u3044\u8987\u6a29\u56fd\u5bb6\u30a4\u30ae\u30ea\u30b9\u3092\u56fd\u50b5\u58f2\u5374\u3067\u8105\u3057\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u660e\u3089\u304b\u306b\u3001\u73fe\u4ee3\u3067\u3082\u540c\u3058\u3053\u3068\u304c\u8d77\u304d\u5f97\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u8a00\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306f\u95a2\u7a0e\u3067\u4ed6\u56fd\u3092\u8105\u3057\u7d9a\u3051\u305f\u304c\u30014\u6708\u306e\u682a\u5b89\u306e\u6700\u4e2d\u306b\u7c73\u56fd\u50b5\u304c\u6025\u843d\u3057\u305f\u6642\u3001\u65b9\u5411\u8ee2\u63db\u305b\u3056\u308b\u3092\u5f97\u306a\u304f\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/63454\" data-type=\"post\" data-id=\"63454\">\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u95a2\u7a0e\u3092\u5ef6\u671f\u3057\u305f\u672c\u5f53\u306e\u7406\u7531\u306f\u682a\u4fa1\u306e\u4e0b\u843d\u3067\u306f\u306a\u3044<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/63647\" data-type=\"post\" data-id=\"63647\">\u682a\u5f0f\u5e02\u5834\u66b4\u843d\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u3053\u308c\u304b\u3089\u4f55\u5ea6\u3067\u3082\u7c73\u56fd\u50b5\u4e0b\u843d\u306b\u8105\u3055\u308c\u7d9a\u3051\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u306e\u6642\u306e\u7c73\u56fd\u50b5\u6025\u843d\u306f\u8105\u3057\u3060\u3063\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u540c\u6642\u306b\u30c9\u30eb\u304c\u6025\u843d\u3057\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u3001\u8cc7\u7523\u4fa1\u683c\u306e\u4e0b\u843d\u306b\u3088\u3063\u3066\u30a2\u30e1\u30ea\u30ab\u56fd\u5916\u306e\u8ab0\u304b\u304c\u7c73\u56fd\u50b5\u3092\u81ea\u56fd\u901a\u8ca8\u306b\u73fe\u91d1\u5316\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u3063\u305f\u306e\u3060\u3068\u7b46\u8005\u306f\u63a8\u6e2c\u3057\u3066\u3044\u308b\u304c\u3001\u3053\u308c\u3092\u7c73\u56fd\u50b5\u306e\u4fdd\u6709\u8005\u3001\u4f8b\u3048\u3070\u4e2d\u56fd\u304c\u610f\u56f3\u7684\u306b\u3084\u3089\u306a\u3044\u3068\u3044\u3046\u4fdd\u8a3c\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u50b5\u52d9\u56fd\u3068\u50b5\u6a29\u56fd\u306e\u8105\u3057\u5408\u3044<\/strong><\/p>\n\n\n\n<p>\u3053\u3046\u3057\u305f\u3053\u3068\u306f\u3001\u8987\u6a29\u56fd\u5bb6\u306e\u7acb\u5834\u304c\u5f31\u304f\u306a\u308c\u3070\u306a\u308b\u307b\u3069\u767a\u751f\u78ba\u7387\u304c\u4e0a\u304c\u308b\u3002\u3060\u304c\u8105\u3055\u308c\u308b\u306e\u306f\u91d1\u3092\u501f\u308a\u3066\u3044\u308b\u5074\u3060\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u4e00\u90e8\u306e\u4eba\u3005\u306f\u3001\u6575\u6027\u56fd\u5bb6\u304c\u4fdd\u6709\u3059\u308b\u7c73\u56fd\u50b5\u3092\u610f\u56f3\u7684\u306b\u30c7\u30d5\u30a9\u30eb\u30c8\u3059\u308b\u3068\u3044\u3063\u305f\u65b9\u6cd5\u3092\u8003\u3048\u3066\u3044\u308b\u3002\u3064\u307e\u308a\u91d1\u3092\u501f\u308a\u3066\u3044\u308b\u5074\u304c\u8cb8\u3057\u3066\u3044\u308b\u5074\u306b\u3001\u8e0f\u307f\u5012\u3057\u3092\u4ec4\u3081\u304b\u3057\u3066\u8105\u3059\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u3046\u3044\u3046\u72b6\u6cc1\u3067\u3069\u3061\u3089\u306e\u7acb\u5834\u304c\u5f37\u3044\u306e\u304b\u3002\u7b46\u8005\u306e\u610f\u898b\u306f\u3001\u4e21\u65b9\u9177\u3044\u72b6\u6cc1\u306b\u9665\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u305d\u3046\u3044\u3046\u8105\u3057\u3092\u3057\u305f\u3068\u3057\u3066\u3082\u3001\u672c\u5f53\u306b\u305d\u3093\u306a\u3053\u3068\u3092\u3059\u308c\u3070\u4eca\u5ea6\u3053\u305d\u672c\u5f53\u306b\u8ab0\u3082\u7c73\u56fd\u50b5\u3092\u8cb7\u308f\u306a\u304f\u306a\u308b\u3002\u5b9f\u969b\u306b\u305d\u3046\u3059\u308b\u3053\u3068\u306f\u53ef\u80fd\u3060\u304c\u3001\u30c0\u30e1\u30fc\u30b8\u3092\u53d7\u3051\u308b\u306e\u306f\u8cb8\u3057\u3066\u3044\u305f\u5074\u3060\u3051\u3067\u306f\u306a\u3044\u3002\u501f\u91d1\u3092\u3057\u3066\u3044\u305f\u30a2\u30e1\u30ea\u30ab\u3082\u6df1\u523b\u306a\u30c0\u30e1\u30fc\u30b8\u3092\u53d7\u3051\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u5927\u91cf\u306e\u501f\u91d1\u3092\u62b1\u3048\u3066\u3044\u308b\u30a2\u30e1\u30ea\u30ab\u3068\u3001\u5927\u91cf\u306e\u7c73\u56fd\u50b5\u3092\u4fdd\u6709\u3057\u3066\u3057\u307e\u3063\u3066\u3044\u308b\u65e5\u672c\u3084\u4e2d\u56fd\u3002\u3069\u3061\u3089\u306e\u7acb\u5834\u304c\u5f37\u3044\u304b\u3068\u8a00\u3048\u3070\u3001\u7b46\u8005\u306e\u8003\u3048\u306f\u3069\u3061\u3089\u3082\u6700\u60aa\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u8987\u6a29\u56fd\u5bb6\u306e\u50b5\u52d9\u306e\u89e3\u6d88<\/strong><\/p>\n\n\n\n<p>\u6295\u8cc7\u5bb6\u304c\u3084\u308b\u3079\u304d\u3053\u3068\u306f\u3001\u50b5\u6a29\u8005\u3068\u50b5\u52d9\u8005\u306e\u919c\u3044\u7f75\u308a\u5408\u3044\u306b\u5dfb\u304d\u8fbc\u307e\u308c\u306a\u3044\u3088\u3046\u306b\u3059\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f\u30c9\u30eb\u3084\u7c73\u56fd\u50b5\u3092\u4fdd\u6709\u3057\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u3051\u3067\u306f\u306a\u3044\u3002\u8987\u6a29\u56fd\u5bb6\u306e\u50b5\u52d9\u304c\u89e3\u6d88\u3055\u308c\u308b\u6642\u306b\u901a\u5e38\u767a\u751f\u3059\u308b\u51fa\u6765\u4e8b\u3059\u3079\u3066\u3092\u4e0a\u624b\u304f\u4e57\u308a\u5207\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u5927\u82f1\u5e1d\u56fd\u672b\u671f\u306e\u72b6\u6cc1\uff08\u4e3b\u306b\u7b2c2\u6b21\u4e16\u754c\u5927\u6226\u5f8c\uff09\u306b\u3064\u3044\u3066\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>\u30dd\u30f3\u30c9\u5efa\u3066\u306e\u8cc7\u7523\u306f\u3001\u4e3b\u306b\u30a4\u30ae\u30ea\u30b9\u306e\u65e7\u690d\u6c11\u5730\u306b\u3088\u3063\u3066\u4fdd\u6709\u3055\u308c\u3066\u3044\u305f\u3002\u305d\u3057\u3066\u305d\u3046\u3057\u305f\u690d\u6c11\u5730\u306f\u7b2c2\u6b21\u4e16\u754c\u5927\u6226\u3067\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306a\u3069\u306e\u8cc7\u6e90\u3092\u30a4\u30ae\u30ea\u30b9\u306b\u58f2\u308a\u3001\u5927\u91cf\u306e\u30dd\u30f3\u30c9\u3092\u7a4d\u307f\u4e0a\u3052\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u3053\u3046\u3057\u305f\u56fd\u306f\u30dd\u30f3\u30c9\u5efa\u3066\u8cc7\u7523\u3092\u3069\u3046\u58f2\u5374\u3059\u308b\u304b\u306e\u72b6\u6cc1\u306b\u7f6e\u304b\u308c\u3066\u3044\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u7c73\u56fd\u50b5\u3092\u5927\u91cf\u4fdd\u6709\u3059\u308b\u65e5\u672c\u3084\u4e2d\u56fd\u306a\u3069\u3068\u540c\u3058\u72b6\u6cc1\u306b\u7f6e\u304b\u308c\u305f\u56fd\u304c\u3001\u5927\u82f1\u5e1d\u56fd\u306e\u8870\u9000\u306e\u6642\u4ee3\u306b\u3082\u3042\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u5f90\u3005\u306b\u58f2\u3089\u308c\u3066\u3086\u304f\u901a\u8ca8\u3068\u56fd\u50b5<\/strong><\/p>\n\n\n\n<p>\u5927\u82f1\u5e1d\u56fd\u306e\u7acb\u5834\u304c\u5f37\u3044\u9593\u306f\u3001\u82f1\u56fd\u50b5\u306e\u4fdd\u6709\u8005\u306b\u3068\u3063\u3066\u306f\u82e6\u96e3\u306e\u6642\u4ee3\u3060\u3063\u305f\u3002\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u307e\u305f\u5f8c\u3067\u8ff0\u3079\u3066\u3044\u308b\u304c\u3001\u3053\u3046\u3057\u305f\u72b6\u6cc1\u4e0b\u3067\u8987\u6a29\u56fd\u5bb6\u306f\u56fd\u50b5\u3092\u58f2\u3089\u305b\u306a\u3044\u305f\u3081\u306b\u3042\u3089\u3086\u308b\u65b9\u7b56\u3092\u53d6\u308b\u3002<\/p>\n\n\n\n<p>\u307e\u3055\u306b\u30d0\u30d0\u629c\u304d\u3067\u3042\u308b\u3002\u30cd\u30a4\u30d4\u30a2\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>\u3053\u3046\u3057\u305f\u56fd\u3005\u306f\u5f90\u3005\u306b\u30dd\u30f3\u30c9\u5efa\u3066\u8cc7\u7523\u3092\u6e1b\u3089\u3057\u3066\u3086\u304f\u4ea4\u6e09\u3092\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304b\u3063\u305f\u3002\u653f\u5e9c\u3067\u3055\u3048\u3082\u30dd\u30f3\u30c9\u5efa\u3066\u8cc7\u7523\u3092\u6e1b\u3089\u3059\u305f\u3081\u306b\u4ea4\u6e09\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u306e\u3060\u304b\u3089\u3001\u6c11\u9593\u306e\u4eba\u3005\u306f\u30dd\u30f3\u30c9\u5efa\u3066\u8cc7\u7523\u304b\u3089\u629c\u3051\u51fa\u3059\u3053\u3068\u306a\u3069\u6975\u3081\u3066\u56f0\u96e3\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30dd\u30f3\u30c9\u306f1940\u5e74\u4ee3\u5f8c\u534a\u30841960\u5e74\u4ee3\u5f8c\u534a\u306b\u4f55\u5ea6\u3082\u5927\u304d\u306a\u4fa1\u5024\u4e0b\u843d\u3092\u7d4c\u9a13\u3057\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4eba\u3005\u304c\u6570\u5341\u5e74\u639b\u3051\u3066\u30dd\u30f3\u30c9\u306e\u30d0\u30d0\u629c\u304d\u3092\u5b9f\u884c\u3059\u308b\u904e\u7a0b\u3067\u3001\u30dd\u30f3\u30c9\u306f\u5927\u5e45\u306a\u6025\u843d\u3092\u4f55\u5ea6\u3082\u7e54\u308a\u4ea4\u305c\u306a\u304c\u3089\u9577\u671f\u7684\u306b\u4e0b\u843d\u3057\u3066\u3044\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u300c\u30c9\u30eb\u304c\u57fa\u8ef8\u901a\u8ca8\u3067\u306a\u304f\u306a\u308b\u3053\u3068\u306a\u3069\u3053\u3053\u6570\u5e74\u3067\u8d77\u304d\u308b\u306f\u305a\u304c\u306a\u3044\u300d\u3068\u8a00\u3063\u3066\u3044\u308b\u4eba\u306f\u6b63\u3057\u3044\u3002\u305d\u306e\u901a\u308a\u3067\u3042\u308b\u3002\u305d\u306e\u30c8\u30ec\u30f3\u30c9\u306f\u3001\u5927\u304d\u306a\u6025\u843d\u3092\u4f55\u5ea6\u3082\u7e54\u308a\u4ea4\u305c\u306a\u304c\u3089\u4f55\u5341\u5e74\u3082\u7d9a\u3044\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/50827\" data-type=\"post\" data-id=\"50827\">\u30dd\u30b8\u30e3\u30fc\u30eb\u6c0f: \u4eba\u6c11\u5143\u304c\u6025\u306b\u30c9\u30eb\u306b\u4ee3\u308f\u3063\u3066\u57fa\u8ef8\u901a\u8ca8\u306b\u306a\u3063\u305f\u308a\u306f\u3057\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u30dd\u30f3\u30c9\u306e\u7d42\u308f\u308a\u306b\u3064\u3044\u3066\u6b21\u306e\u3088\u3046\u306b\u8a9e\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>1974\u5e74\u306e1\u6708\u3060\u3063\u305f\u3068\u601d\u3046\u304c\u3001\u30a4\u30ae\u30ea\u30b9\u682a\u304c\u5e95\u5024\u307e\u3067\u884c\u3063\u305f\u306e\u3092Financial Times\u3067\u8aad\u3093\u3060\u3002\u898b\u51fa\u3057\u306f\u300c\u30ca\u30a4\u30b8\u30a7\u30ea\u30a2\u304c\u6700\u5f8c\u306e\u30dd\u30f3\u30c9\u306e\u5916\u8ca8\u6e96\u5099\u3092\u58f2\u5374\u3001\u30a4\u30ae\u30ea\u30b9\u682a\u306f\u6025\u843d\u300d\u3060\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30dd\u30f3\u30c9\u304b\u3089\u306e\u9577\u671f\u7684\u306a\u8cc7\u91d1\u6d41\u51fa\u306f\u3001\u5f53\u7136\u306a\u304c\u3089\u30a4\u30ae\u30ea\u30b9\u306e\u682a\u5f0f\u5e02\u5834\u3092\u3082\u5dfb\u304d\u8fbc\u3093\u3060\u3002\u305d\u3057\u3066\u305d\u308c\u306f1974\u5e74\u306b\u3088\u3046\u3084\u304f\u5927\u5e95\u3092\u8fce\u3048\u305f\u3002\u305d\u308c\u306f\u30a4\u30ae\u30ea\u30b9\u306e\u8987\u6a29\u304c\u50be\u304d\u304b\u3051\u305f\u7b2c1\u6b21\u4e16\u754c\u5927\u6226\u304b\u308950\u5e74\u7d4c\u904e\u3057\u305f\u6642\u306e\u3053\u3068\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u305d\u3057\u3066\u4eca\u306e\u554f\u3044\u306f\u30a2\u30e1\u30ea\u30ab\u3067\u3042\u308b\u3002\u30cd\u30a4\u30d4\u30a2\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>\u554f\u984c\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u304c\u30c9\u30eb\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u306b\u3069\u3046\u5bfe\u5fdc\u3059\u308b\u304b\u3068\u3044\u3046\u3053\u3068\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5927\u82f1\u5e1d\u56fd\u304c\u7d4c\u9a13\u3057\u305f\u5de8\u984d\u50b5\u52d9\u306e\u89e3\u6d88\u3092\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u679c\u305f\u3057\u3066\u3069\u306e\u3088\u3046\u306b\u884c\u3046\u306e\u304b\u3002\u305d\u306e\u6642\u306b\u30c9\u30eb\u3084\u7c73\u56fd\u50b5\u3001\u305d\u3057\u3066\u7c73\u56fd\u682a\u306f\u3069\u3046\u306a\u308b\u306e\u304b\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u898b\u901a\u3057\u306b\u3064\u3044\u3066\u306f\u307e\u305a\u30a8\u30b4\u30f3\u30fb\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f\u306e\u8a18\u4e8b\u3092\u8aad\u3093\u3067\u3082\u3089\u3046\u306e\u304c\u826f\u3044\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/63602\" data-type=\"post\" data-id=\"63602\">\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f: \u682a\u4fa1\u3068\u56fd\u50b5\u3068\u4e0d\u52d5\u7523\u306f\u66b4\u843d\u3057\u3066\u30b4\u30fc\u30eb\u30c9\u3060\u3051\u304c\u4fa1\u5024\u3092\u4fdd\u3064<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u4f55\u3088\u308a\u3082\u3001\u3053\u306e\u72b6\u6cc1\u3092\u30b3\u30ed\u30ca\u76f4\u5f8c\u304b\u3089\u3044\u3061\u65e9\u304f\u4e88\u60f3\u3057\u3001\u305d\u306e\u305f\u3081\u306b\u5927\u82f1\u5e1d\u56fd\u3092\u542b\u3080\u904e\u53bb\u306e\u76f8\u5834\u3092\u7814\u7a76\u3057\u5c3d\u304f\u3057\u305f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u300e<a href=\"https:\/\/amzn.to\/3IWcV1T\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\u300f\u3092\u8aad\u3080\u3079\u304d\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3092\u5275\u696d\u3057\u305f\u30c0\u30ea\u30aa\u6c0f\u306f\u5143\u3005\u6709\u540d\u4eba\u3060\u304c\u3001\u4eca\u3084\u91d1\u878d\u696d\u754c\u306e\u8ab0\u3068\u8a71\u3057\u3066\u3082\u30c0\u30ea\u30aa\u6c0f\u306e\u4e88\u60f3\u306b\u3064\u3044\u3066\u8a71\u3057\u3066\u3044\u308b\u3068\u611f\u3058\u308b\u3002\u5206\u539a\u3044\u672c\u306a\u306e\u3067\u306a\u304b\u306a\u304b\u52e7\u3081\u306b\u304f\u3044\u306e\u3060\u304c\u3001\u91d1\u878d\u5e02\u5834\u306e\u4eca\u5f8c\u3092\u4e88\u60f3\u3059\u308b\u305f\u3081\u306b\u306f\u3053\u306e\u672c\u304c\u5fc5\u9808\u306a\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>\u5f15\u304d\u7d9a\u304d\u3001The Solid Ground Newsletter\u306e\u30e9\u30c3\u30bb\u30eb\u30fb\u30cd\u30a4\u30d4\u30a2\u6c0f\u306e\u3001Hidden Forces\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002 \u4eca\u56de\u306f\u8987\u6a29\u56fd\u5bb6\u306e\u8870\u9000\u3068\u3001\u305d\u306e\u6642\u306b\u305d\u306e\u56fd\u306e\u56fd\u50b5\u3092\u6301\u3063\u3066\u3044\u308b\u4eba\u304c\u3069\u3046\u306a\u308b\u304b\u306b\u3064\u3044 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66063\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30cd\u30a4\u30d4\u30a2\u6c0f: \u7c73\u56fd\u306e\u50b5\u52d9\u554f\u984c\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u4ed6\u56fd\u304b\u3089\u56fd\u50b5\u58f2\u5374\u3067\u8105\u3055\u308c\u308b\u53ef\u80fd\u6027<\/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":[118,108],"tags":[202],"class_list":["post-66063","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-russell-napier"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/66063","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=66063"}],"version-history":[{"count":59,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/66063\/revisions"}],"predecessor-version":[{"id":66122,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/66063\/revisions\/66122"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=66063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=66063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=66063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}