{"id":71582,"date":"2025-10-24T20:00:00","date_gmt":"2025-10-24T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=71582"},"modified":"2025-10-24T15:48:45","modified_gmt":"2025-10-24T06:48:45","slug":"%e3%82%b0%e3%83%a9%e3%83%a0%e6%b0%8f-%e5%9b%bd%e5%ae%b6%e3%81%af%e5%80%9f%e9%87%91%e3%81%ae%e8%bf%94%e6%b8%88%e3%81%a7%e3%81%af%e3%81%aa%e3%81%8f%e5%80%9f%e9%87%91%e3%81%ae%e5%88%a9%e6%89%95%e3%81%84","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/71582","title":{"rendered":"\u30b0\u30e9\u30e0\u6c0f: 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class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/68918\" data-type=\"post\" data-id=\"68918\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u50b5\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u3078\u306e\u8cc7\u91d1\u9003\u907f\u306f\u9577\u671f\u30c8\u30ec\u30f3\u30c9\u3001\u3053\u308c\u304b\u3089\u3082\u7d9a\u304f<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u3001\u305d\u3082\u305d\u3082\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u306f\u30b3\u30ed\u30ca\u524d\u304b\u3089\u304b\u306a\u308a\u306e\u91d1\u984d\u3068\u306a\u3063\u3066\u3044\u305f\u30021980\u5e74\u4ee3\u306e\u30ec\u30fc\u30ac\u30ce\u30df\u30af\u30b9\u306e\u6642\u4ee3\u304b\u3089\u3001\u8ca1\u653f\u8d64\u5b57\u3068\u8cbf\u6613\u8d64\u5b57\u306e\u53cc\u5b50\u306e\u8d64\u5b57\u3068\u3044\u3046\u3001\u4eca\u307e\u3055\u306b\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u53d6\u308a\u4e0a\u3052\u3066\u3044\u308b\u554f\u984c\u304c\u61f8\u5ff5\u3055\u308c\u3066\u3044\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u305d\u308c\u304b\u3089\u6570\u5341\u5e74\u304c\u904e\u304e\u305f\u3002\u30a2\u30e1\u30ea\u30ab\u306f\u307e\u3060\u7834\u7dbb\u3057\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u30b0\u30e9\u30e0\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>\u3082\u3057\u3001\u30ec\u30fc\u30ac\u30f3\u653f\u6a29\u6642\u4ee3\u3060\u3063\u305f1981\u5e74\u306b\u30a2\u30e1\u30ea\u30ab\u306e\u653f\u5e9c\u50b5\u52d9\u3092GDP\u306e115%\u307e\u3067\u5897\u3084\u3059\u3053\u3068\u304c\u51fa\u6765\u308b\u304b\u3068\u805e\u304b\u308c\u308c\u3070\u3001\u4f55\u3089\u304b\u306e\u7d4c\u6e08\u30b7\u30e7\u30c3\u30af\u306a\u3057\u306b\u305d\u3053\u307e\u3067\u884c\u304f\u3053\u3068\u306f\u4e0d\u53ef\u80fd\u3060\u3068\u308f\u305f\u3057\u306f\u8003\u3048\u305f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u8ee2\u63db\u70b9\u304c\u3044\u3064\u306b\u306a\u308b\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u3002\u3060\u304c\u3001\u3042\u308b\u6642\u70b9\u3067\u6295\u8cc7\u5bb6\u305f\u3061\u306f\u653f\u5e9c\u306b\u501f\u91d1\u3092\u8fd4\u6e08\u3059\u308b\u80fd\u529b\u304c\u3042\u308b\u304b\u3069\u3046\u304b\u3001\u305d\u3057\u3066\u653f\u5e9c\u306b\u8fd4\u6e08\u3059\u308b\u6c17\u304c\u3042\u308b\u304b\u3069\u3046\u304b\u3092\u7591\u3044\u59cb\u3081\u308b\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u5148\u9032\u56fd\u304c\u7834\u7dbb\u3059\u308b\u30bf\u30a4\u30df\u30f3\u30b0<\/strong><\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u3082\u3001\u305d\u3057\u3066\u65e5\u672c\u3082\u307e\u3060\u7834\u7dbb\u3057\u3066\u3044\u306a\u3044\u3002\u3060\u304c\u3001\u8987\u6a29\u56fd\u5bb6\u30a2\u30e1\u30ea\u30ab\u3092\u542b\u3080\u5148\u9032\u56fd\u306f\u7d19\u5e63\u5370\u5237\u3067\u306f\u7834\u7dbb\u3057\u306a\u3044\u3068\u3044\u3046\u3001\u30b3\u30ed\u30ca\u524d\u307e\u3067\u307e\u3053\u3068\u3057\u3084\u304b\u306b\u56c1\u304b\u308c\u3066\u3044\u305f\u8a71\u306f\u3001\u4eca\u3067\u306f\u3082\u306f\u3084\u8ab0\u3082\u4fe1\u3058\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/68656\" data-type=\"post\" data-id=\"68656\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u7c73\u56fd\u50b5\u306e\u8cb7\u3044\u624b\u4e0d\u8db3\u554f\u984c\u3092\u7121\u8996\u3059\u308b\u91d1\u878d\u5e02\u5834\u306f\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u524d\u306e\u71b1\u72c2\u3068\u540c\u3058<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/67944\" data-type=\"post\" data-id=\"67944\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u7c73\u56fd\u50b5\u66b4\u843d\u304c\u56de\u907f\u3055\u308c\u308b\u53ef\u80fd\u6027\u306f5%<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u4f55\u6545\u306a\u3089\u3070\u3001\u30a4\u30f3\u30d5\u30ec\u3067\u91d1\u5229\u304c\u4e0a\u304c\u3063\u305f\u3053\u3068\u306b\u3088\u308a\u3001\u4eca\u5b9f\u969b\u306b\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044\u8cbb\u7528\u304c\u8ca1\u653f\u8d64\u5b57\u3092\u5727\u8feb\u3057\u3001\u7c73\u56fd\u653f\u5e9c\u306e\u8ca1\u653f\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3057\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u5148\u9032\u56fd\u3082\u7834\u7dbb\u3059\u308b\u3002\u305d\u308c\u306f\u6b74\u53f2\u7684\u4e8b\u5b9f\u3067\u3042\u308b\u3002Bridgewater\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306f\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\u306e\u306a\u304b\u3067\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u4ee5\u524d\u306b\u8987\u6a29\u56fd\u5bb6\u3060\u3063\u305f\u5927\u82f1\u5e1d\u56fd\u3084\u30aa\u30e9\u30f3\u30c0\u6d77\u4e0a\u5e1d\u56fd\u304c\u3001\u50b5\u52d9\u904e\u591a\u3068\u30a4\u30f3\u30d5\u30ec\u3067\u8870\u9000\u3057\u3066\u3044\u3063\u305f\u3053\u3068\u3092\u8a73\u3057\u304f\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u3001\u30a2\u30e1\u30ea\u30ab\u3060\u3051\u304c\u305d\u308c\u304b\u3089\u9003\u308c\u3089\u308c\u308b\u3068\u8003\u3048\u308b\u65b9\u304c\u975e\u8ad6\u7406\u7684\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7834\u7dbb\u306e\u30bf\u30a4\u30df\u30f3\u30b0<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u3001\u305d\u308c\u306f\u3044\u3064\u306a\u306e\u304b\u3002\u30b0\u30e9\u30e0\u6c0f\u306e\u8a00\u3046\u300c\u8ee2\u63db\u70b9\u300d\u3068\u306f\u3044\u3064\u306e\u3053\u3068\u304b\u3002\u30b0\u30e9\u30e0\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>\u653f\u5e9c\u306f\u3001\u501f\u91d1\u3092\u5b8c\u6e08\u3067\u304d\u306a\u304f\u3066\u3082\u7834\u7dbb\u3057\u306a\u3044\u3002\u3060\u304c\u3001\u5229\u6255\u3044\u304c\u6255\u3048\u306a\u3044\u6642\u306b\u7834\u7dbb\u3059\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u91d1\u5229\u304c\u30bc\u30ed\u3060\u3063\u305f\u306a\u3089\u3070\u3001\u56fd\u50b5\u306e\u8cb7\u3044\u624b\u304c\u3044\u308b\u9650\u308a\u3001\u653f\u5e9c\u306f\u3044\u3064\u307e\u3067\u3082\u501f\u91d1\u3092\u501f\u308a\u7d9a\u3051\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u3002\u56fd\u50b5\u306b\u6e80\u671f\u304c\u6765\u3066\u3082\u3001\u901a\u5e38\u56fd\u50b5\u306e\u4fdd\u6709\u8005\u306f\u6e80\u671f\u304c\u6765\u305f\u56fd\u50b5\u306e\u4ee3\u308f\u308a\u306b\u65b0\u305f\u306a\u56fd\u50b5\u3092\u8cb7\u3063\u3066\u304f\u308c\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u56fd\u50b5\u306e\u7dcf\u91cf\u3068\u8cb7\u3044\u624b\u306e\u6570\u306b\u5909\u5316\u304c\u306a\u3051\u308c\u3070\u3001\u305d\u306e\u5747\u8861\u72b6\u614b\u306f\u6c38\u9060\u306b\u7d9a\u304f\u3002\u5b9f\u969b\u306b\u306f\u56fd\u50b5\u306e\u7dcf\u91cf\u306f\u5897\u3048\u3066\u304d\u305f\u304c\u3001\u305d\u308c\u306f\u653f\u5e9c\u304c\u81ea\u5206\u306e\u610f\u601d\u3067\u5897\u3084\u3057\u3066\u304d\u305f\u306e\u3067\u3042\u308a\u3001\u3082\u3057\u8cb7\u3044\u624b\u304c\u8db3\u308a\u305a\u306b\u58f2\u308c\u306a\u3044\u3088\u3046\u306a\u3053\u3068\u304c\u3042\u308c\u3070\u3001\u653f\u5e9c\u306f\u5358\u306b\u56fd\u50b5\u3092\u767a\u884c\u305b\u305a\u73fe\u72b6\u3092\u7dad\u6301\u3059\u308b\u3053\u3068\u3092\u9078\u3076\u3053\u3068\u304c\u3067\u304d\u305f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3001\u3053\u306e\u5747\u8861\u72b6\u614b\u304c\u653f\u5e9c\u306e\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u4e0b\u3092\u96e2\u308c\u308b\u77ac\u9593\u304c\u3042\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u304c\u767a\u751f\u3057\u3001\u91d1\u5229\u304c\u4e0a\u6607\u3057\u305f\u6642\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u91d1\u5229\u304c\u4e0a\u6607\u3059\u308b\u3068\u3001\u56fd\u50b5\u306e\u7dcf\u91cf\u306f\u6bce\u5e74\u5229\u6255\u3044\u306e\u91cf\u3060\u3051\u5f37\u5236\u7684\u306b\u5897\u3048\u308b\u3053\u3068\u306b\u306a\u308b\u3002\u5229\u6255\u3044\u306f\u65b0\u305f\u306a\u56fd\u50b5\u767a\u884c\u3067\u8cc4\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3046\u306a\u308b\u3068\u3001\u653f\u5e9c\u304c\u610f\u56f3\u3057\u3088\u3046\u304c\u3057\u307e\u3044\u304c\u3001\u8cb7\u3044\u624b\u304c\u5341\u5206\u306a\u6570\u3044\u3088\u3046\u304c\u3044\u307e\u3044\u304c\u3001\u7121\u6148\u60b2\u306b\u3082\u7c73\u56fd\u50b5\u306f\u6bce\u5e74\u6307\u6570\u95a2\u6570\u7684\u306b\u5897\u3048\u3066\u3086\u304f\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/68656\" data-type=\"post\" data-id=\"68656\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 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class=\"wp-block-quote is-layout-flow 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class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27377\" data-type=\"post\" data-id=\"27377\">\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u6c0f\u30011980\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u6253\u5012\u304c\u3069\u308c\u3060\u3051\u53b3\u3057\u304b\u3063\u305f\u304b\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306f\u307e\u305f\u540c\u3058\u3053\u3068\u3092\u3084\u3063\u3066\u3001\u30c0\u30ea\u30aa\u6c0f\u304c\u300e<a href=\"https:\/\/amzn.to\/3IWcV1T\" target=\"_blank\" rel=\"noreferrer 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