{"id":73316,"date":"2026-03-03T20:00:00","date_gmt":"2026-03-03T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=73316"},"modified":"2026-03-03T15:31:09","modified_gmt":"2026-03-03T06:31:09","slug":"%e3%83%89%e3%83%a9%e3%83%83%e3%82%b1%e3%83%b3%e3%83%9f%e3%83%a9%e3%83%bc%e6%b0%8f-%e3%83%89%e3%83%ab%e3%81%ae%e4%be%a1%e5%80%a4%e3%81%af%e5%8b%9d%e6%89%8b%e3%81%ab%e4%b8%8b%e3%81%8c%e3%81%a3%e3%81%a6","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/73316","title":{"rendered":"\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u30c9\u30eb\u306e\u4fa1\u5024\u306f\u52dd\u624b\u306b\u4e0b\u304c\u3063\u3066\u3086\u304f\u3001AI\u9298\u67c4\u306f\u30d0\u30d6\u30eb\u3001\u65e5\u672c\u682a\u306f\u8cb7\u3044"},"content":{"rendered":"\n<p>\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u904b\u7528\u3057\u3066\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u3001Morgan Stanley\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u30672026\u5e74\u306e\u91d1\u878d\u5e02\u5834\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>2026\u5e74\u306e\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u76f8\u5834\u89b3<\/strong><\/p>\n\n\n\n<p>\u4e45\u3005\u306e\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002\u52d5\u753b\u306e\u3082\u306e\u306f1\u5e74\u3076\u308a\u3067\u306f\u306a\u3044\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f2026\u5e74\u306e\u91d1\u878d\u5e02\u5834\u3092\u3069\u3046\u898b\u3066\u3044\u308b\u306e\u304b\u3002\u5f7c\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>\u7c73\u56fd\u7d4c\u6e08\u306f\u65e2\u306b\u5f37\u3044\u3002\u305d\u3057\u3066\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7d4c\u6e08\u653f\u7b56\u3092\u8003\u3048\u308c\u3070\u3001\u3053\u308c\u304b\u3089\u307e\u3059\u307e\u3059\u5f37\u304f\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u304c\u5229\u4e0a\u3052\u3059\u308b\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u3002\u6050\u3089\u304f\u5229\u4e0b\u3052\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u4eca\u306e\u72b6\u6cc1\u3060\u3002\u305d\u308c\u3067\u7c73\u56fd\u682a\u304c\u5272\u5b89\u306a\u3089\u7d20\u6674\u3089\u3057\u3044\u306e\u3060\u304c\u3001\u7c73\u56fd\u682a\u306f\u5272\u5b89\u3067\u306f\u306a\u3044\u3002\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306f\u9577\u671f\u7684\u306b\u898b\u305f\u9ad8\u5024\u570f\u306b\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3001\u307e\u305a\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u878d\u653f\u7b56\u3068\u8ca1\u653f\u653f\u7b56\u304c\u30ea\u30b9\u30af\u8cc7\u7523\u306b\u5bfe\u3057\u3066\u8ffd\u3044\u98a8\u3067\u3042\u308b\u3053\u3068\u3092\u78ba\u8a8d\u3059\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u4e2d\u592e\u9280\u884c\u306f\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u304c\u9078\u3093\u3060\u65b0\u8b70\u9577\u304c5\u6708\u306b\u5c31\u4efb\u3059\u308b\u3053\u3068\u3082\u3042\u308a\u3001\u5229\u4e0b\u3052\u5074\u306b\u50be\u3044\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u653f\u7b56\u306f\u682a\u5f0f\u306a\u3069\u306b\u6709\u5229\u306a\u306e\u3060\u304c\u3001\u7c73\u56fd\u682a\u306f\u5272\u5b89\u3068\u306f\u8a00\u3048\u306a\u3044\u3002\u305d\u308c\u304c\u4eca\u306e\u72b6\u6cc1\u3067\u3042\u308b\u3002\u305d\u308c\u3092\u8e0f\u307e\u3048\u3066\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\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>\u3060\u304c\u305d\u3046\u3057\u305f\u72b6\u6cc1\u3092\u8003\u3048\u308c\u3070\u3001\u69d8\u3005\u306a\u7a2e\u985e\u306e\u682a\u5f0f\u3092\u5e83\u304f\u9078\u5225\u3057\u3066\u4fdd\u6709\u3059\u308b\u306e\u304c\u826f\u3044\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5730\u96f7\u3092\u8e0f\u307e\u305a\u3001\u826f\u3044\u9298\u67c4\u3060\u3051\u3092\u9078\u3093\u3067\u3086\u3051\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>AI\u9298\u67c4\u306f\u30d0\u30d6\u30eb<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u3067\u306f\u3069\u306e\u3088\u3046\u306a\u9298\u67c4\u3092\u9078\u3079\u3070\u826f\u3044\u306e\u304b\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\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>\u53bb\u5e74\u306e\u590f\u304b\u3089\u79cb\u306b\u304b\u3051\u3066\u3001AI\u30d6\u30fc\u30e0\u306f\u7709\u3092\u3072\u305d\u3081\u308b\u30ec\u30d9\u30eb\u3067\u904e\u71b1\u3057\u59cb\u3081\u305f\u3002\u305d\u3057\u30661999\u5e74\u304b\u30892000\u5e74\u306b\u304b\u3051\u3066\u308f\u305f\u3057\u304c\u7d4c\u9a13\u3057\u305f\u3053\u3068\u306b\u985e\u4f3c\u3057\u3066\u304d\u305f\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u308f\u308c\u308f\u308c\u306f\u4ed6\u306e\u9298\u67c4\u3092\u63a2\u3057\u59cb\u3081\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3001\u5143\u3005AI\u9298\u67c4\u3092\u4e3b\u529b\u306b\u3057\u3066\u3044\u305f\u3002\u4f8b\u3048\u3070NVIDIA\u306f\u4eca\u3084AI\u9298\u67c4\u306e\u7b46\u982d\u3068\u3057\u3066\u7c73\u56fd\u682a\u6295\u8cc7\u5bb6\u306a\u3089\u8ab0\u3067\u3082\u77e5\u3063\u3066\u3044\u308b\u9298\u67c4\u306b\u306a\u3063\u305f\u304c\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3084\u7b46\u8005\u304cNVIDIA\u306b\u76ee\u3092\u3064\u3051\u3066\u3044\u305f\u306e\u306f2\u5e74\u524d\u306e\u8a71\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/48627\" data-type=\"post\" data-id=\"48627\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: NVIDIA\u306f6\u500d\u306b\u306a\u3063\u305f\u306e\u3067\u4e00\u90e8\u5229\u76ca\u78ba\u5b9a\u3057\u305f (2024\/5\/13)<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/44138\" data-type=\"post\" data-id=\"44138\">NVIDIA\u682a\u3001\u7b46\u8005\u306e\u63a8\u5968\u8a18\u4e8b\u5f8c\u306b66%\u4e0a\u6607 (2024\/2\/6)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u305d\u306e\u5f8c\u3001\u7279\u306b\u53bb\u5e74\u306e\u5f8c\u534a\u306bAI\u9298\u67c4\u306f\u30d0\u30d6\u30eb\u306e\u9818\u57df\u306b\u5165\u3063\u305f\u3068\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u5224\u65ad\u3057\u3066\u3044\u308b\u3088\u3046\u3060\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u8a00\u30461999\u5e74\u304b\u30892000\u5e74\u3068\u306f\u5f53\u6642\u306e\u30c9\u30c3\u30c8\u30b3\u30e0\u30d0\u30d6\u30eb\u306e\u3053\u3068\u3067\u3042\u308a\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u305d\u306e\u6642\u671f\u306b\u75db\u3044\u76ee\u306b\u906d\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\/26183\" data-type=\"post\" data-id=\"26183\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u30c9\u30c3\u30c8\u30b3\u30e0\u30d0\u30d6\u30eb\u5d29\u58ca\u3067\u5927\u640d\u3057\u3066\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u8f9e\u3081\u308b\u7fbd\u76ee\u306b\u306a\u3063\u305f\u6642\u306e\u3053\u3068\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u306e\u6642\u3082\u305f\u3060\u3067\u306f\u8ee2\u3070\u306a\u304b\u3063\u305f\u306e\u304c\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3089\u3057\u3044\u304c\u3001\u305d\u308c\u3067\u3082\u3084\u306f\u308a\u30c9\u30c3\u30c8\u30b3\u30e0\u30d0\u30d6\u30eb\u3081\u3044\u305f\u3082\u306e\u306b\u306f\u624b\u3092\u51fa\u3057\u305f\u304f\u306a\u3044\u3089\u3057\u3044\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\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>AI\u95a2\u9023\u9298\u67c4\u306f\u307e\u3060\u591a\u5c11\u306f\u6301\u3063\u3066\u3044\u308b\u304c\u3001\u3082\u306f\u3084\u4e3b\u529b\u9298\u67c4\u3067\u306f\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u65e5\u672c\u682a\u3068\u97d3\u56fd\u682a<\/strong><\/p>\n\n\n\n<p>\u3067\u306f\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3069\u3093\u306a\u9298\u67c4\u3092\u6301\u3063\u3066\u3044\u308b\u306e\u304b\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\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>\u65e5\u672c\u682a\u3068\u97d3\u56fd\u682a\u306b\u307e\u3060\u5927\u304d\u306a\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u6301\u3063\u3066\u3044\u308b\u3002\u305d\u306e\u4e00\u90e8\u306fAI\u95a2\u9023\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u7c73\u56fd\u682a\u3088\u308a\u65e5\u672c\u682a\u3068\u97d3\u56fd\u682a\u3092\u597d\u3093\u3067\u3044\u308b\u3089\u3057\u3044\u3002\u7c73\u56fd\u682a\u306f\u5272\u9ad8\u3060\u3068\u8a00\u3063\u3066\u3044\u305f\u304b\u3089\u3001\u76f8\u5bfe\u7684\u306a\u5272\u5b89\u3055\u3092\u8003\u616e\u3057\u3066\u306e\u3053\u3068\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u5f53\u7136\u91d1\u878d\u653f\u7b56\u3092\u8003\u616e\u3059\u308b\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3060\u304b\u3089\u3001\u65e5\u672c\u306e\u653f\u6cbb\u5bb6\u304c\u30a2\u30e1\u30ea\u30ab\u3088\u308a\u3082\u30a4\u30f3\u30d5\u30ec\u3084\u901a\u8ca8\u5b89\u3092\u6c17\u306b\u3057\u305d\u3046\u306b\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u8003\u3048\u3066\u306e\u3053\u3068\u3060\u308d\u3046\u3002\u30a6\u30a9\u30fc\u30ec\u30f3\u30fb\u30d0\u30d5\u30a7\u30c3\u30c8\u6c0f\u3082\u540c\u3058\u3088\u3046\u306a\u89b3\u70b9\u304b\u3089\u65e5\u672c\u682a\u306b\u6295\u8cc7\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\/69660\" data-type=\"post\" data-id=\"69660\">\u30d0\u30d5\u30a7\u30c3\u30c8\u6c0f\u3001\u65e5\u672c\u306e\u5546\u793e\u682a\u3092\u8cb7\u3044\u5897\u3057\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u5186\u5b89\u60aa\u5316\u3092\u5f15\u304d\u7d9a\u304d\u4e88\u60f3\u304b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u7d50\u5c40\u3001\u3069\u306e\u56fd\u306b\u6295\u8cc7\u3059\u308b\u306b\u3057\u3066\u30822026\u5e74\u3067\u4e00\u756a\u91cd\u8981\u306a\u306e\u306f\u91d1\u878d\u7de9\u548c\u3068\u901a\u8ca8\u306e\u4fa1\u5024\u4e0b\u843d\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u30c9\u30eb\u306b\u3064\u3044\u3066\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>\u308f\u308c\u308f\u308c\u306f\u30c9\u30eb\u306b\u5f31\u6c17\u3060\u3002\u30c9\u30eb\u306e\u8cfc\u8cb7\u529b\u306f\u3001\u6b74\u53f2\u7684\u306b\u898b\u305f\u9ad8\u5024\u6c34\u6e96\u306b\u3042\u308b\u3068\u601d\u3046\u304b\u3089\u3060\u3002\u5916\u56fd\u4eba\u306f\u30c9\u30eb\u3092\u6301\u3061\u3059\u304e\u3066\u304a\u308a\u3001\u6301\u3066\u4f59\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u3092\u30a2\u30e1\u30ea\u30ab\u58f2\u308a\u30c8\u30ec\u30fc\u30c9\u3068\u547c\u3076\u3079\u304d\u306a\u306e\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u3002\u5358\u306b\u5916\u56fd\u4eba\u304c\u30c9\u30eb\u3092\u65b0\u305f\u306b\u8cb7\u308f\u306a\u3044\u3060\u3051\u3067\u3001\u8cbf\u6613\u8d64\u5b57\u3068\u5bfe\u5916\u50b5\u52d9\u306e\u304a\u9670\u3067\u30c9\u30eb\u306f\u52dd\u624b\u306b\u4e0b\u304c\u3063\u3066\u3086\u304f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a6\u30af\u30e9\u30a4\u30ca\u6226\u4e89\u4ee5\u6765\u3001\u30a2\u30e1\u30ea\u30ab\u304c\u30c9\u30eb\u3092\u4f7f\u3063\u305f\u7d4c\u6e08\u5236\u88c1\u3092\u6b66\u5668\u306b\u3057\u3066\u3044\u308b\u3053\u3068\u3082\u3042\u308a\u3001\u8af8\u5916\u56fd\u306e\u4e2d\u592e\u9280\u884c\u304c\u30c9\u30eb\u3092\u58f2\u3063\u3066\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u308b\u3053\u3068\u304c\u91d1\u4fa1\u683c\u9ad8\u9a30\u306e\u7406\u7531\u3067\u3042\u308b\u3053\u3068\u306f\u3001\u3053\u3053\u306e\u8aad\u8005\u3067\u3042\u308c\u3070\u8ab0\u3067\u3082\u77e5\u3063\u3066\u3044\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/72183\" data-type=\"post\" data-id=\"72183\">\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f: \u91d1\u4fa1\u683c\u306e\u9577\u671f\u7684\u4e0a\u6607\u3092\u652f\u3048\u308b\u4e2d\u592e\u9280\u884c\u3001\u307e\u3060\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u306a\u3044\u4e00\u822c\u4eba<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u305d\u3082\u305d\u3082\u3001\u8cbf\u6613\u8d64\u5b57\u3068\u30a2\u30e1\u30ea\u30ab\u304c\u5916\u56fd\u4eba\u6295\u8cc7\u5bb6\u306b\u652f\u6255\u3046\u56fd\u50b5\u306a\u3069\u306e\u5229\u606f\u3092\u8003\u3048\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u306f\u5143\u3005\u8cc7\u91d1\u304c\u6d41\u51fa\u3057\u3066\u3086\u304f\u72b6\u6cc1\u306a\u306e\u3067\u3042\u3063\u3066\u3001\u5404\u56fd\u653f\u5e9c\u3084\u6d77\u5916\u306e\u6295\u8cc7\u5bb6\u304c\u30c9\u30eb\u3092\u58f2\u308b\u3069\u3053\u308d\u304b\u3001\u65b0\u305f\u306b\u8cb7\u308f\u306a\u3044\u72b6\u6cc1\u304c\u51fa\u6765\u308b\u3060\u3051\u3067\u30c9\u30eb\u306f\u4e0b\u304c\u3063\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u8a00\u3063\u3066\u3044\u308b\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>2026\u5e74\u306e\u30c9\u30eb\u5b89\u4e88\u60f3\u306b\u3064\u3044\u3066\u306f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u4e3b\u5f35\u304c\u4e00\u756a\u6709\u540d\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3082\u305d\u308c\u306b\u540c\u8abf\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/73096\" data-type=\"post\" data-id=\"73096\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 2026\u5e74\u306e\u6700\u5927\u306e\u6295\u8cc7\u30a2\u30a4\u30c7\u30a2\u306f\u7c73\u56fd\u682a\u3084AI\u3067\u306f\u306a\u304f\u30c9\u30eb\u306e\u4fa1\u5024\u4e0b\u843d<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u30c9\u30eb\u5b89\u4e88\u60f3\u306b\u3064\u3044\u3066\u306f\u3001\u30c0\u30ea\u30aa\u6c0f\u304c\u7269\u9a12\u306a\u30bf\u30a4\u30c8\u30eb\u306e\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\u3067\u8a73\u3057\u304f\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002\u65e5\u672c\u8a9e\u7248\u306f\u306a\u3044\u304c\u3001\u82f1\u8a9e\u304c\u8aad\u3081\u308b\u4eba\u306f\u305d\u3061\u3089\u3082\u53c2\u8003\u306b\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3002\u8987\u6a29\u56fd\u5bb6\u30a2\u30e1\u30ea\u30ab\u306e\u7834\u7dbb\u3092\u4e88\u60f3\u3057\u305f\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\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>\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u904b\u7528\u3057\u3066\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u3001Morgan Stanley\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u30672026\u5e74\u306e\u91d1\u878d\u5e02\u5834\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,118,120,14,111,19,108],"tags":[130],"class_list":["post-73316","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-usdjpy","category-japanese-stock-market","category-stock-markets","category-foreign-exchange-market","category-bond-markets","tag-stanley-druckenmiller"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/73316","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=73316"}],"version-history":[{"count":34,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/73316\/revisions"}],"predecessor-version":[{"id":73350,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/73316\/revisions\/73350"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=73316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=73316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=73316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}