{"id":68405,"date":"2025-07-25T20:00:00","date_gmt":"2025-07-25T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=68405"},"modified":"2025-07-25T14:12:23","modified_gmt":"2025-07-25T05:12:23","slug":"%e3%83%ac%e3%82%a4%e3%83%bb%e3%83%80%e3%83%aa%e3%82%aa%e6%b0%8f-%e3%82%a2%e3%83%a1%e3%83%aa%e3%82%ab%e3%81%ae%e9%87%91%e8%9e%8d%e6%94%bf%e7%ad%96%e3%81%af%e4%bb%8a%e3%81%a7%e3%82%82%e5%8d%81%e5%88%86","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/68405","title":{"rendered":"\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u306f\u4eca\u3067\u3082\u5341\u5206\u7de9\u548c\u7684"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u30d6\u30ed\u30b0\u8a18\u4e8b\u3092\u7d39\u4ecb\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u56de\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u306e\u73fe\u72b6\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>\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u3068\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u8ad6\u4e89<\/strong><\/p>\n\n\n\n<p>\u524d\u56de\u306e\u8a18\u4e8b\u3067\u306f\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u3068Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u30b8\u30a7\u30ed\u30fc\u30e0\u30fb\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u8ad6\u4e89\u306b\u3064\u3044\u3066\u8a00\u53ca\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\/68386\" data-type=\"post\" data-id=\"68386\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u5229\u4e0b\u3052\u8981\u6c42\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3057\u6700\u7d42\u7684\u306b\u306f\u91d1\u878d\u5f15\u304d\u7de0\u3081\u304c\u5fc5\u8981\u306b\u306a\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306f\u5229\u4e0b\u3052\u3092\u671b\u3093\u3067\u304a\u308a\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u305d\u306e\u8981\u6c42\u306b\u6297\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u7406\u5c48\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u65e2\u306b2%\u53f0\u307e\u3067\u4e0b\u304c\u3063\u3066\u3044\u308b\u306e\u306b\u5bfe\u3057\u3001\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u653f\u7b56\u91d1\u5229\u30924.25%\u306b\u7dad\u6301\u3057\u3066\u304a\u308a\u3001\u3053\u306e\u91d1\u5229\u306f\u9ad8\u904e\u304e\u308b\u3068\u3044\u3046\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u653f\u7b56\u91d1\u5229\u306f\u9ad8\u904e\u304e\u308b\u306e\u304b<\/strong><\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u7387\u3068\u653f\u7b56\u91d1\u5229\u3092\u6bd4\u3079\u308b\u3068\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u4e3b\u5f35\u306b\u3082\u4e00\u7406\u3042\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n\n\n\n<p>\u653f\u7b56\u91d1\u5229\u306f\u9ad8\u904e\u304e\u308b\u306e\u3060\u308d\u3046\u304b\uff1f\u3000\u3057\u304b\u3057\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>\u91d1\u878d\u5e02\u5834\u306e\u6307\u6a19\u3092\u898b\u308b\u9650\u308a\u3001\u91d1\u878d\u653f\u7b56\u306f\u73fe\u5728\u660e\u3089\u304b\u306b\u7de9\u548c\u7684\u3067\u3001\u7d4c\u6e08\u306b\u5f31\u3044\u3068\u3053\u308d\u306f\u898b\u3048\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u73fe\u5728\u306e\u91d1\u878d\u653f\u7b56\u3092\u5f15\u304d\u7de0\u3081\u7684\u3060\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3088\u3046\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4e0b\u304c\u3063\u3066\u3044\u308b\u306e\u306b\u3001\u91d1\u5229\u306f\u4e0b\u3052\u3089\u308c\u306a\u3044\u306e\u3060\u308d\u3046\u304b\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u305d\u306e\u7406\u7531\u3092\u4ee5\u4e0b\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>\u682a\u4fa1\u304c\u4e0a\u304c\u308a\u3001\u901a\u8ca8\u306e\u4fa1\u5024\u304c\u4e0b\u304c\u308a\u3001\u30af\u30ec\u30b8\u30c3\u30c8\u30b9\u30d7\u30ec\u30c3\u30c9\u304c\u72ed\u304f\u306a\u308a\u3001\u5b9f\u8cea\u91d1\u5229\u304c\u4f4e\u3051\u308c\u3070\u3001\u305d\u308c\u306f\u91d1\u878d\u653f\u7b56\u304c\u7de9\u548c\u7684\u3060\u3068\u3044\u3046\u610f\u5473\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u91d1\u878d\u5e02\u5834\u306f\u7de9\u548c\u3055\u308c\u3066\u3044\u308b<\/strong><\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u4e0a\u306b\u6319\u3052\u305f\u305d\u308c\u305e\u308c\u306e\u8981\u7d20\u306b\u3064\u3044\u3066\u5177\u4f53\u7684\u306b\u89e3\u8aac\u3057\u3066\u304f\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u307e\u305a\u306f\u682a\u4fa1\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>\u904e\u53bb1\u5e74\u3067\u7c73\u56fd\u682a\u306f14%\u4e0a\u304c\u3063\u3066\u53f2\u4e0a\u6700\u9ad8\u5024\u6c34\u6e96\u306b\u3042\u308a\u3001\u307b\u3068\u3093\u3069\u306e\u6307\u6a19\u3067\u898b\u3066\u5272\u9ad8\u6c34\u6e96\u306b\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u7c73\u56fd\u306e\u682a\u4fa1\u6307\u6570\u3067\u3042\u308bS&amp;P 500\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\/2025\/07\/2025-07-25-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"545\" height=\"528\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-07-25-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-68408\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-07-25-s-and-p-500-chart.png 545w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-07-25-s-and-p-500-chart-300x291.png 300w\" sizes=\"auto, (max-width: 545px) 100vw, 545px\" \/><\/a><\/figure>\n\n\n\n<p>\u7c73\u56fd\u682a\u306f4\u6708\u306b\u4e00\u5ea6\u5927\u304d\u304f\u4e0b\u304c\u3063\u305f\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u95a2\u7a0e\u3092\u5ef6\u671f\u3057\u305f\u3053\u3068\u306b\u3088\u3063\u3066\u6301\u3061\u76f4\u3057\u3001\u5e74\u672b\u5e74\u59cb\u306e\u6c34\u6e96\u3092\u8d85\u3048\u3066\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u3001\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u306e\u3060\u304b\u3089\u91d1\u878d\u5e02\u5834\u306f\u597d\u8abf\u3067\u3001\u3053\u308c\u4ee5\u4e0a\u306e\u7de9\u548c\u306f\u5fc5\u8981\u306a\u3044\u3068\u8a00\u3044\u305f\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u30c9\u30eb\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>\u30c9\u30eb\u306f\u4ed6\u306e\u4e3b\u8981\u901a\u8ca8\u306e\u30d0\u30b9\u30b1\u30c3\u30c8\u306b\u5bfe\u3057\u30665%\u4e0b\u843d\u3001\u30b4\u30fc\u30eb\u30c9\u306b\u5bfe\u3057\u306627%\u4e0b\u843d\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306b\u5bfe\u3057\u306645%\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4ed6\u306e\u901a\u8ca8\u4e00\u822c\u306b\u5bfe\u3059\u308b\u30c9\u30eb\u306e\u5f37\u3055\u3092\u793a\u3059\u30c9\u30eb\u6307\u6570\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\/2025\/07\/2025-07-25-dollar-index-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"545\" height=\"528\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-07-25-dollar-index-chart.png\" alt=\"\" class=\"wp-image-68409\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-07-25-dollar-index-chart.png 545w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-07-25-dollar-index-chart-300x291.png 300w\" sizes=\"auto, (max-width: 545px) 100vw, 545px\" \/><\/a><\/figure>\n\n\n\n<p>\u30c9\u30eb\u306f\u53bb\u5e7411\u6708\u306b\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u5f53\u9078\u3057\u3066\u304b\u3089\u5e74\u59cb\u307e\u3067\u306f\u4e0a\u304c\u3063\u3066\u3044\u305f\u306e\u3060\u304c\u3001\u305d\u306e\u5f8c\u682a\u5b89\u3068\u3068\u3082\u306b\u4e0b\u304c\u3063\u3066\u304a\u308a\u3001\u682a\u4fa1\u304c\u56de\u5fa9\u3057\u305f\u4eca\u3082\u30c9\u30eb\u306f\u4e0b\u843d\u3057\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u6050\u3089\u304f\u7406\u7531\u306f\u3001\u30c0\u30ea\u30aa\u6c0f\u304c\u6b21\u306b\u8a00\u53ca\u3059\u308b\u6307\u6a19\u306e\u52d5\u304d\u3060\u308d\u3046\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>\u5b9f\u8cea\u91d1\u5229\u306f10\u5e74\u7269\u30672%\u3092\u3084\u3084\u4e0a\u56de\u308b\u6c34\u6e96\u3067\u6bd4\u8f03\u7684\u843d\u3061\u7740\u3044\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5e02\u5834\u304c\u8a08\u7b97\u3059\u308b\u30a2\u30e1\u30ea\u30ab\u306e\u5b9f\u8cea\u91d1\u5229\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\/2025\/07\/2025-7-25-us-10-year-treasury-inflation-indexed-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"513\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-7-25-us-10-year-treasury-inflation-indexed-bond-yield-chart.png\" alt=\"\" class=\"wp-image-68421\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-7-25-us-10-year-treasury-inflation-indexed-bond-yield-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/07\/2025-7-25-us-10-year-treasury-inflation-indexed-bond-yield-chart-300x257.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u306e\u30c1\u30e3\u30fc\u30c8\u3082\u5e74\u59cb\u3092\u9802\u70b9\u3068\u3057\u3066\u3001\u305d\u306e\u5f8c\u982d\u6253\u3061\u306e\u30c1\u30e3\u30fc\u30c8\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u5b9f\u8cea\u91d1\u5229\u304c\u4e0b\u304c\u3063\u3066\u3044\u308b\u306e\u3067\u3001\u7de9\u548c\u52b9\u679c\u3067\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u3066\u304a\u308a\u3001\u30c9\u30eb\u306f\u4e0b\u304c\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u8981\u3059\u308b\u306b\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u6b32\u3057\u3066\u3044\u308b\u3082\u306e\u304c\u91d1\u5229\u4f4e\u4e0b\u306b\u3088\u308b\u682a\u9ad8\u3068\u30c9\u30eb\u9ad8\u3068\u3044\u3046\u30a2\u30d9\u30ce\u30df\u30af\u30b9\u7684\u52b9\u679c\u3067\u3042\u308b\u3068\u3059\u308c\u3070\u3001\u305d\u308c\u306f\u65e2\u306b\u91d1\u878d\u5e02\u5834\u3067\u8d77\u3053\u3063\u3066\u304a\u308a\u3001\u305d\u308c\u4ee5\u4e0a\u306b\u5229\u4e0b\u3052\u3092\u3059\u308c\u3070\u305d\u308c\u4ee5\u4e0a\u306b\u30d0\u30d6\u30eb\u306b\u306a\u3063\u3066\u3057\u307e\u3046\u3068\u3044\u3046\u3053\u3068\u3092\u30c0\u30ea\u30aa\u6c0f\u306f\u8a00\u3044\u305f\u3044\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\/67560\" data-type=\"post\" data-id=\"67560\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3001\u30a2\u30e1\u30ea\u30ab\u7248\u30a2\u30d9\u30ce\u30df\u30af\u30b9\u306b\u3088\u308b\u30c9\u30eb\u66b4\u843d\u3092\u4e88\u60f3<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u308c\u3089\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u898b\u3066\u500b\u4eba\u7684\u306b\u6c17\u306b\u306a\u308b\u306e\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u5b9f\u8cea\u91d1\u5229\u4f4e\u4e0b\u3088\u308a\u3082\u30c9\u30eb\u6307\u6570\u306e\u4e0b\u843d\u306e\u65b9\u304c\u5927\u304d\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u30c9\u30eb\u304c\u4e0b\u304c\u3063\u3066\u3044\u308b\u7406\u7531\u306f\u91d1\u5229\u306e\u4f4e\u4e0b\u3060\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/68119\" data-type=\"post\" data-id=\"68119\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u4e2d\u592e\u9280\u884c\u306e\u30c9\u30eb\u58f2\u308a\u30b4\u30fc\u30eb\u30c9\u8cb7\u3044\u304c\u91d1\u4fa1\u683c\u3092\u9ad8\u9a30\u3055\u305b\u3066\u3044\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u304c\u6700\u8fd1\u767a\u8868\u3057\u305f\u65b0\u8457\u300e<a href=\"https:\/\/amzn.to\/4kWfty4\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">How Countries Go Broke<\/a>\u300f\uff08\u4eee\u8a33\uff1a\u306a\u305c\u56fd\u5bb6\u306f\u7834\u7dbb\u3059\u308b\u306e\u304b\uff09\u306f\u307e\u3060\u82f1\u8a9e\u7248\u3057\u304b\u51fa\u3066\u3044\u306a\u3044\u304c\u3001\u305d\u306e\u4e2d\u3067\u30c0\u30ea\u30aa\u6c0f\u304c\u4e88\u60f3\u3057\u3066\u3044\u308b\u30b7\u30ca\u30ea\u30aa\u306f\u3001\u7d50\u5c40\u83ab\u5927\u306a\u653f\u5e9c\u50b5\u52d9\u3092\u89e3\u6d88\u3059\u308b\u306b\u306f\u901a\u8ca8\u306e\u4fa1\u5024\u3092\u4e0b\u843d\u3055\u305b\u308b\u3057\u304b\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u65b0\u8457\u306e\u4e2d\u3067\u65e5\u672c\u306e\u901a\u8ca8\u4e0b\u843d\u306e\u4e8b\u4f8b\u3092\u7279\u5225\u6271\u3044\u3057\u3001\u307e\u308b\u307e\u308b1\u7ae0\u5272\u3044\u3066\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002\u30a2\u30d9\u30ce\u30df\u30af\u30b9\u306e\u4e8b\u4f8b\u304c\u4eca\u5f8c\u4e16\u754c\u7d4c\u6e08\u306b\u3068\u3063\u3066\u91cd\u8981\u306b\u306a\u3063\u3066\u304f\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\/67869\" data-type=\"post\" data-id=\"67869\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u4e00\u822c\u5e02\u6c11\u304c\u7d19\u5e63\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u306b\u9003\u3052\u51fa\u3059\u77ac\u9593\u304c\u6765\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/amzn.to\/4kWfty4\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/61uYp1qd3WL._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/4kWfty4\" target=\"_blank\" rel=\"noreferrer noopener\">How Countries Go Broke<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u30d6\u30ed\u30b0\u8a18\u4e8b\u3092\u7d39\u4ecb\u3059\u308b\u3002 \u4eca\u56de\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u306e\u73fe\u72b6\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":[118,108],"tags":[102],"class_list":["post-68405","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\/68405","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=68405"}],"version-history":[{"count":34,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/68405\/revisions"}],"predecessor-version":[{"id":68442,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/68405\/revisions\/68442"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=68405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=68405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=68405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}