{"id":1914,"date":"2012-08-24T23:50:27","date_gmt":"2012-08-24T14:50:27","guid":{"rendered":"http:\/\/testwww.kanekashi.com\/blog\/?p=1629"},"modified":"2012-08-24T23:50:27","modified_gmt":"2012-08-24T14:50:27","slug":"%e3%80%8e%e4%b8%96%e7%95%8c%e7%b5%8c%e6%b8%88%e3%81%ae%e7%8f%be%e7%8a%b6%e5%88%86%e6%9e%90%e3%80%8f%e3%80%80%e3%80%90%ef%bc%91%e3%80%91%e3%83%97%e3%83%ad%e3%83%ad%e3%83%bc%e3%82%b0","status":"publish","type":"post","link":"http:\/\/www.kanekashi.com\/blog\/2012\/08\/1914.html","title":{"rendered":"\u300e\u4e16\u754c\u7d4c\u6e08\u306e\u73fe\u72b6\u5206\u6790\u300f\u3000\u3010\uff11\u3011\u30d7\u30ed\u30ed\u30fc\u30b0"},"content":{"rendered":"<p><img loading=\"lazy\" alt=\"%E4%B8%96%E7%95%8C%E7%B5%8C%E6%B8%88.jpg\" src=\"\/blog\/wp-content\/uploads\/img2011\/%E4%B8%96%E7%95%8C%E7%B5%8C%E6%B8%88.jpg\" width=\"500\" height=\"306\" \/><br \/>\n\u753b\u50cf\u306f\u3001\u3053\u3061\u3089\uff08<a href=\"http:\/\/blog.goo.ne.jp\/art_blue_liberalism\/e\/30125e65dda3111023984c5c4bd1879b\">\u30ea\u30f3\u30af<\/a>\uff09\u304b\u3089\u304a\u501f\u308a\u3057\u307e\u3057\u305f\u3002<br \/>\n\u7686\u3055\u3093\u3053\u3093\u306b\u3061\u306f\u3002\u4eca\u56de\u304b\u3089\u65b0\u30b7\u30ea\u30fc\u30ba\u3067\u3059\u3002\u3053\u308c\u307e\u3067\u3001\u300e\u65e5\u672c\u56fd\u50b5\u66b4\u843d\u306e\u53ef\u80fd\u6027\u306f\uff1f\u300f\u3092\u516815\u56de\u306b\u308f\u305f\u3063\u3066\u8ffd\u6c42\u3057\u3066\u304d\u307e\u3057\u305f\u3002\uff08<a href=\"http:\/\/www.kanekashi.com\/blog\/2012\/08\/001911.html#more\">\u30ea\u30f3\u30af<\/a>\uff09\u4eca\u5f8c\u306e\u6b8b\u8ab2\u984c\u3068\u3057\u3066\u3001<br \/>\n<span style=\"color:#FFAE35;\">\u2460\u66b4\u843d\u306b\u5bfe\u3059\u308b\u5186\u9632\u885b\u7b56\u306f\u3042\u308a\u5f97\u308b\u306e\u304b\uff1f<br \/>\n\u2461\u66b4\u843d\u3057\u3066\u3057\u307e\u3063\u305f\u3089\u65e5\u672c\u306f\u751f\u304d\u6b8b\u308c\u308b\u306e\u304b\uff1f\u518d\u751f\u306f\u53ef\u80fd\u306a\u306e\u304b\uff1f<\/span><br \/>\n\u7b49\u304c\u6b8b\u8ab2\u984c\u3068\u3057\u3066\u6b8b\u308a\u307e\u3059\u304c\u3001\u305d\u308c\u3089\u3092\u89e3\u660e\u3059\u308b\u306b\u306f\u3001\u4ee5\u4e0b\u306e\u8ffd\u6c42\u304c\u5fc5\u8981\u306b\u306a\u3063\u3066\u3044\u304d\u307e\u3059\u3002<br \/>\n<u>\u30fb\u7834\u7dbb\uff08\u30c7\u30d5\u30a9\u30eb\u30c8\uff09\u304c\u5148\u304bor\u91d1\u8cb8\u3057\u306e\u4ed5\u639b\u3051\u306b\u3088\u308b\u66b4\u843d\u304c\u5148\u304b\uff1f\u305d\u308c\u306f\u3044\u3064\u304b\uff1f<br \/>\n\u30fb\u91d1\u8cb8\u3057\u4ed5\u639b\u3051\u8aac\u306e\u80cc\u5f8c\uff1f\u30c9\u30eb\uff36\uff33\u30e6\u30fc\u30ed\u306e\u91d1\u878d\u6226\u4e89\u3069\u3046\u306a\u308b\uff1f<br \/>\n\u30fb\u91d1\u8cb8\u3057\u898f\u5236\u3084\u56fd\u5bb6\u7d19\u5e63\u7b49\u306e\u8131\u91d1\u8cb8\u3057\u653f\u7b56\u306e\u53ef\u80fd\u6027\u306f\uff1f<\/u><br \/>\n<span style=\"color:#009933;\">\u3055\u3066\u3001\u4e00\u65b9\u3067\u3001\u4e0a\u8a18\u306e\u3088\u3046\u306a\u554f\u984c\u3092\u89e3\u660e\u3059\u308b\u305f\u3081\u306b\u306f\u56fd\u50b5\u554f\u984c\u4ee5\u5916\u306e\u8996\u70b9\u3067\u3082\u3001\u73fe\u5728\u306e\u4e16\u754c\u7d4c\u6e08\u306e\u73fe\u72b6\u628a\u63e1\u3068\u5206\u6790\u3092\u884c\u3063\u3066\u3044\u304f\u3053\u3068\u304c\u975e\u5e38\u306b\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8\u3068\u306a\u3063\u3066\u3044\u304f\u3082\u306e\u3068\u8003\u3048\u307e\u3059\u3002<\/span><br \/>\n\u73fe\u72b6\u3067\u306f\u5927\u304d\u306a\u7d4c\u6e08\u30cb\u30e5\u30fc\u30b9\u304c\u5c11\u306a\u304f\u3001\u5947\u5999\u306a\uff08\u4e0d\u6c17\u5473\u306a\uff1f\uff09\u6c88\u6ede\u72b6\u614b\u304c\u7d9a\u3044\u3066\u3044\u308b\u3068\u3082\u8a00\u3048\u308b\u306e\u3067\u3001\u307e\u305a\u306f\u3001<u>\u4e3b\u8981\u5404\u56fd\u306e\u73fe\u72b6\u306e\u6b63\u3057\u3044\u56fd\u6c11\u751f\u6d3b\u306e\u5b9f\u614b\u306b\u8089\u8584\u3057\u306a\u304c\u3089\u3001\u305d\u306e\u56fd\u306e\u7d4c\u6e08\u72b6\u6cc1\u3092\u30bf\u30a4\u30e0\u30ea\u30fc\u306b\u628a\u63e1<\/u>\u3057\u3066\u3044\u304f\u3068\u3053\u308d\u304b\u3089\u9032\u3081\u3066\u3044\u304d\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002<br \/>\n\u305d\u306e\u524d\u306b\u7686\u3055\u3093\u5fdc\u63f4\u5b9c\u3057\u304f\u304a\u9858\u3044\u3057\u307e\u3059\u3002<\/p>\n<p><!--more--><br \/>\n\u3055\u3066\u3001\u305d\u308c\u3067\u306f\u30d7\u30ed\u30ed\u30fc\u30b0\u3068\u3057\u3066\u3001\u73fe\u5728\u306e\u4e3b\u8981\u5404\u56fd\u306e\u7d4c\u6e08\u72b6\u6cc1\u3092\u3056\u3063\u3068\u898b\u3066\u307f\u307e\u3057\u3087\u3046\u3002<br \/>\n<span style=\"color:#6666ff;\">\u25a0\u7c73\u56fd\u7d4c\u6e08<\/span><\/p>\n<blockquote><p>\u25cf\u7c73\u56fd\u7d4c\u6e08\u6307\u6a19\uff08<a href=\"http:\/\/www1.odn.ne.jp\/~cbh91480\/America.htm\">\u30ea\u30f3\u30af<\/a>\uff09<br \/>\n\uff1c\uff27\uff24\uff30\u30fb\u666f\u6c17\u30fb\u7269\u4fa1\u30fb\u91d1\u878d\u30fb\u682a\u5f0f\uff1e<br \/>\n\u30fbGDP\u306f09\u5e74\u306f\u30de\u30a4\u30ca\u30b9\u304c\u76ee\u7acb\u3064\u304c\u300110\u5e74\u4ee5\u964d\u306f\u30d7\u30e9\u30b9\u3067\u63a8\u79fb\u3002<br \/>\n\u30fb\u6d88\u8cbb\u8005\u666f\u6c17\u4fe1\u983c\u611f\u6307\u6570\u306f09\u5e74\u306e20\u301c30\uff05\u53f0\u304b\u3089\u3059\u308b\u3068\u300112\u5e74\u5ea6\u306760\u301c70\uff081985\u5e74\u3092100\uff09\u306b\u56de\u5fa9\u3002<br \/>\n\u30fb\u56fd\u50b5\u306e\u91d1\u5229\u306f08\u5e74\u3054\u308d\u304b\u3089\u3068\u6bd4\u8f03\u3059\u308b\u3068\u300112\u5e74\u306b\u6765\u3066\u6025\u6fc0\u306b\u4f4e\u4e0b\u50be\u5411\u3002<br \/>\n\u30fbFRB\u306b\u3088\u308b\u901a\u8ca8\u4f9b\u7d66\u306f9\u5146\u30c9\u30eb\u3092\u8d85\u3048\u306610\u5146\u30c9\u30eb\u306b\u8feb\u308b\u52e2\u3044\u3002<br \/>\n\uff1c\u96c7\u7528\u30fb\u9271\u5de5\u696d\u30fb\u6d88\u8cbb\u30fb\u8ca9\u58f2\u30fb\u8cbf\u6613\u30fb\u539f\u6cb9\u4fa1\u683c\uff1e<br \/>\n\u30fb\u5931\u696d\u7387\u306f09\u5e7410\u6708\u304c10\uff05\u3068\u30d4\u30fc\u30af\u300210\u5e74\u306f9\uff05\u5f8c\u534a\u300111\u5e74\u306f9\uff05\u524d\u534a\u304b\u30898\uff05\u53f0\u300112\u5e74\u306f8\uff05\u524d\u534a\u307e\u3067\u4f4e\u4e0b\u3002<\/p><\/blockquote>\n<p><span style=\"color:#ff3300;\">\u7c73\u56fd\u7d4c\u6e08\u306f\u3001\u73fe\u5728\u4e0a\u6607\u50be\u5411\u306b\u3042\u308b\u3088\u3046\u3067\u3059\u304c\u3001\u4e2d\u9593\u5c64\u306e\u5931\u696d\u7387\u3002\u7279\u306b\u4e0d\u5b8c\u5168\u5931\u696d\u7387\u306f\uff08\u30a2\u30e1\u30ea\u30ab\u306e\u5931\u696d\u7387\u3068\u5065\u5eb7\u4fdd\u967a\u306e\u5b9f\u614b\uff08<a href=\"http:\/\/rny.jp\/article\/now_ny\/110817\/01.php \">\u30ea\u30f3\u30af<\/a> \uff0915\uff05\u306b\u3082\u4e0a\u304c\u3063\u3066\u3044\u307e\u3059\u3002\u5bcc\u88d5\u5c64\u3068\u8ca7\u56f0\u5c64\u306e\u7d4c\u6e08\u683c\u5dee\u306f\u3001\u5e74\u6bce\u306b\u958b\u3044\u3066\u304d\u3066\u304a\u308a\u3001\u8def\u4e0a\uff08\u8eca\u4e0a\uff09\u751f\u6d3b\u8005\u6570\u306e\u5897\u52a0\u3084\u30ab\u30ea\u30d5\u30a9\u30eb\u30cb\u30a2\u5dde\u306e\u81ea\u6cbb\u4f53\u7834\u7dbb\u7b49\u3001\u975e\u5e38\u306b\u53b3\u3057\u3044\u72b6\u6cc1\u304c\u5831\u9053\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><br \/>\n<span style=\"color:#6666ff;\">\u25a0\u4e2d\u56fd\u7d4c\u6e08<\/span><\/p>\n<blockquote><p>\u25cf\u4e2d\u56fd\u7d4c\u6e08\u6307\u6a19\uff08<a href=\"http:\/\/www1.odn.ne.jp\/china\/\">\u30ea\u30f3\u30af<\/a>\uff09\uff08<a href=\"http:\/\/www.jiji.com\/jc\/v?p=ve_int_china-gdp\">\u30ea\u30f3\u30af<\/a>\uff09<br \/>\n\u4e2d\u56fd\u56fd\u5bb6\u7d71\u8a08\u5c40\u304c\uff11\uff13\u65e5\u767a\u8868\u3057\u305f\uff12\uff10\uff11\uff12\u5e74\u7b2c\uff12\u56db\u534a\u671f\uff08\uff14\u301c\uff16\u6708\uff09\u306e\u56fd\u5185\u7dcf\u751f\u7523\uff08\uff27\uff24\uff30\uff09\u306f\u7269\u4fa1\u5909\u52d5\u306e\u5f71\u97ff\u3092\u9664\u3044\u305f\u5b9f\u8cea\u3067\u524d\u5e74\u540c\u671f\u6bd4\uff17\uff0e\uff16\uff05\u5897\u3068\u3001\uff16\u671f\u9023\u7d9a\u3067\u6e1b\u901f\u3057\u3001\uff13\u5e74\u3076\u308a\u306b\uff18\uff05\u3092\u5272\u308a\u8fbc\u3093\u3060\u3002\u524d\u671f\u6bd4\u3067\u306f\uff11\uff0e\uff18\uff05\u5897\u3002\u30ea\u30fc\u30de\u30f3\u30fb\u30b7\u30e7\u30c3\u30af\u3092\u3044\u3061\u65e9\u304f\u514b\u670d\u3057\u3001\u9ad8\u5ea6\u6210\u9577\u3067\u4e16\u754c\u7d4c\u6e08\u306e\u56de\u5fa9\u3092\u3051\u3093\u5f15\u3057\u3066\u304d\u305f\u4e2d\u56fd\u7d4c\u6e08\u306e\u5148\u884c\u304d\u306b\u3001\u4e0d\u5b89\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u3002\u4e00\u65b9\u3001\uff11\u301c\uff16\u6708\u306e\u6210\u9577\u7387\u306f\uff17\uff0e\uff18\uff05\u3067\u3001\u653f\u5e9c\u901a\u5e74\u76ee\u6a19\u306e\uff17\uff0e\uff15\uff05\u3092\u4e0a\u56de\u3063\u305f\u3002<br \/>\n\u4e0d\u52d5\u7523\u7ba1\u7406\u653f\u7b56\uff08\u30d0\u30d6\u30eb\u5bfe\u7b56\uff09\u3092\u53d7\u3051\u305f\u4f4f\u5b85\u5e02\u5834\u306e\u51b7\u3048\u8fbc\u307f\u3001\u516c\u5171\u6295\u8cc7\u306e\u6025\u901f\u306a\u920d\u5316\u3001\u6b27\u5dde\u50b5\u52d9\u5371\u6a5f\u306a\u3069\u304c\u5185\u5916\u9700\u306e\u8db3\u3092\u5f15\u3063\u5f35\u308a\u3001\u666f\u6c17\u6e1b\u901f\u306b\u6b6f\u6b62\u3081\u304c\u304b\u304b\u3089\u306a\u3044\u72b6\u6cc1\u3060\u3002<\/p><\/blockquote>\n<p><span style=\"color:#ff3300;\">\u4ee5\u524d\u306e\u53f3\u80a9\u4e0a\u304c\u308a\u306e\u52e2\u3044\u306f\u3001\u65e2\u306b\u306a\u304f\u3001\u5e73\u621010\u5e74\u4ee5\u964d\u306e\uff27\uff24\uff30\u306f\u3001\u4e0b\u304c\u308a\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002<\/span><br \/>\n<span style=\"color:#6666ff;\">\u25a0\uff25\uff35\u7d4c\u6e08<\/span><\/p>\n<blockquote><p>\u25cf\u666f\u6c17\u306e\u73fe\u72b6\uff08<a href=\"http:\/\/www.jri.co.jp\/MediaLibrary\/file\/report\/overseas\/pdf\/6192.pdf\">\u30ea\u30f3\u30af<\/a>\uff09<br \/>\n\u30e6\u30fc\u30ed\u570f\u666f\u6c17\u306f\u60aa\u5316\u304c\u660e\u78ba\u5316\u3002\uff16\u6708\u306e\u30e6\u30fc\u30ed\u570f\uff30\uff2d\uff29\u6307\u6570\uff08\u7dcf\u5408\uff09\u306f46.0\u3068\uff15\u30f5\u6708\u9023\u7d9a\u3067\u666f\u6cc1\u611f\u306e\u5206\u304b\u308c\u76ee\u3068\u306a\u308b50\u3092\u4e0b\u56de\u308b\u3002<br \/>\n\u30fb\uff14\u6708\u306e\u30c9\u30a4\u30c4\u9271\u5de5\u696d\u751f\u7523\u306f\u524d\u6708\u6bd4\u25b22.0\uff05\u3068\u5927\u5e45\u6e1b\u3002\u666f\u6c17\u60aa\u5316\u306e\u7d9a\u304f\u30e6\u30fc\u30ed\u570f\u304b\u3089\u306e\u53d7\u6ce8\u306e\u6e1b\u5c11\u304c\u4e3b\u56e0\u3002<br \/>\n\u30fb\u5357\u6b27\u8af8\u56fd\u3092\u4e2d\u5fc3\u306b\u3001\u96c7\u7528\u60aa\u5316\u306b\u6b6f\u6b62\u3081\u304c\u304b\u304b\u3089\u305a\u3002\uff15\u6708\u306e\u30e6\u30fc\u30ed\u570f\u5931\u696d\u7387\u306f11.1\uff05\u3068\u904e\u53bb\u6700\u60aa\u3092\u66f4\u65b0\u3002<br \/>\n\u7279\u306b\u82e5\u5e74\u5c64\uff0825\u6b73\u4ee5\u4e0b\uff09\u5931\u696d\u7387\u306f\uff08<a href=\"http:\/\/uskeizai.com\/article\/272234442.html\">\u30ea\u30f3\u30af<\/a>\uff09<br \/>\n<u>50%\u4ee5\u4e0a\uff1a \u30b9\u30da\u30a4\u30f3\u3001\u30ae\u30ea\u30b7\u30e3<br \/>\n30%\u4ee5\u4e0a\uff1a \u30dd\u30eb\u30c8\u30ac\u30eb\u3001\u30a2\u30a4\u30eb\u30e9\u30f3\u30c9\u3001\u30a4\u30bf\u30ea\u30a2<br \/>\n20%\u4ee5\u4e0a\uff1a \u30a4\u30ae\u30ea\u30b9\u3001\u30d5\u30e9\u30f3\u30b9<br \/>\n10%\u4ee5\u4e0b\uff1a \u30c9\u30a4\u30c4<\/u><br \/>\n\u306b\u306e\u307c\u3063\u3066\u3044\u307e\u3059\u3002<br \/>\n\u25cf\u666f\u6c17\u306e\u898b\u901a\u3057<br \/>\n\u30fb\u30e6\u30fc\u30ed\u570f\u666f\u6c17\u306f\u3001<br \/>\n\u2460\u52a0\u76df\u5404\u56fd\u3067\u306e\u7dca\u7e2e\u8ca1\u653f\u3001<br \/>\n\u2461\u96c7\u7528\u30fb\u6240\u5f97\u74b0\u5883\u306e\u60aa\u5316\u3001<br \/>\n\u2462\u50b5\u52d9\u554f\u984c\u306e\u9577\u671f\u5316\u3092\u53d7\u3051\u305f\u4f01\u696d\u30fb\u6d88\u8cbb\u8005\u30de\u30a4\u30f3\u30c9\u306e\u4f4e\u8ff7\u3001\u7b49<br \/>\n\u3092\u80cc\u666f\u306b\u30012012\u5e74\u79cb\u53e3\u306b\u304b\u3051\u3066\u60aa\u5316\u304c\u7d9a\u304f\u898b\u8fbc\u307f\u3002\u30c9\u30a4\u30c4\u306e\u56fd\u5185\u9700\u8981\u306e\u62e1\u5927\u304c\u898b\u8fbc\u307e\u308c\u3001\u30de\u30a4\u30ca\u30b9\u6210\u9577\u304b\u3089\u8131\u3051\u51fa\u3059\u898b\u901a\u3057\u3002\u3082\u3063\u3068\u3082\u3001\u30b9\u30da\u30a4\u30f3\u30fb\u30a4\u30bf\u30ea\u30a2\u7b49\u306e\u5357\u6b27\u91cd\u50b5\u52d9\u56fd\u3067\u306f\u3001\u7dca\u7e2e\u8ca1\u653f\u304c\u7d9a\u304f\u307b\u304b\u3001\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u4e0d\u5b89\u306e\u89e3\u6d88\u3082\u898b\u8fbc\u3081\u305a\u3001\u5185\u9700\u306e\u6301\u3061\u76f4\u3057\u306f\u671f\u5f85\u3067\u304d\u305a\u3002\u30e6\u30fc\u30ed\u570f\u5168\u4f53\u3067\u306f\u6975\u3081\u3066\u7de9\u6162\u306a\u6210\u9577\u30da\u30fc\u30b9\u304c\u9577\u671f\u5316\u3059\u308b\u898b\u901a\u3057\u3002<\/p><\/blockquote>\n<p><span style=\"color:#ff3300;\">\u30ae\u30ea\u30b7\u30e3\u5371\u6a5f\u3092\u80cc\u666f\u306b\u3001\u6b27\u5dde\u7d4c\u6e08\u306f\u6301\u3061\u76f4\u3057\u306e\u6c17\u914d\u304c\u898b\u3048\u3066\u3044\u306a\u3044\u306e\u304c\u5b9f\u60c5\u306e\u3088\u3046\u3067\u3059\u3002\u52a0\u3048\u3066\u82f1\u56fd\u306eLIBOR\u4e0d\u6b63\u4e8b\u4ef6\uff08<a href=\"http:\/\/www.kanekashi.com\/blog\/2012\/08\/001903.html\">\u30ea\u30f3\u30af<\/a>\uff09\u3092\u5951\u6a5f\u306b\u4eca\u5f8c\u306e\u4e16\u754c\u7d4c\u6e08\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u4e0d\u5b89\u6750\u6599\u304c\u304f\u3059\u3076\u3063\u3066\u3044\u307e\u3059\u3002<\/span><br \/>\n<span style=\"color:#6666ff;\">\u25a0\u30ed\u30b7\u30a2\u7d4c\u6e08<\/span><\/p>\n<blockquote><p>\u25cf\u30ed\u30b7\u30a2\u7d4c\u6e08\u30fb\u91d1\u878d\u6982\u6cc1\uff08<a href=\"http:\/\/www.bk.mufg.jp\/report\/ecowws2012\/Russia-2012-08-J.pdf\">\u30ea\u30f3\u30af<\/a>\uff09<br \/>\n\u25cf\u30d7\u30fc\u30c1\u30f3\u306e\u6226\u7565\u3068\u73fe\u72b6\uff08<a href=\"http:\/\/www.itochu.co.jp\/ja\/business\/economic_monitor\/pdf\/2012\/20120606_2012-121_RU.pdf\">\u30ea\u30f3\u30af<\/a>\uff09<br \/>\n\u300c\u8fd1\u4ee3\u5316\u8def\u7dda\u300d\u3092\u4e00\u90e8\u4fee\u6b63\u3001\u7d4c\u6e08\u6d3b\u52d5\u3078\u306e\u56fd\u5bb6\u95a2\u4e0e\u306f\u3080\u3057\u308d\u5f37\u307e\u308b\u3002<br \/>\n\u5927\u7d71\u9818\u4ee4\u3067\u306f\u3001<br \/>\n\u24602020 \u5e74\u307e\u3067\u306b\u751f\u7523\u6027\u306e\u9ad8\u3044\u96c7\u7528\u30922,500 \u4e07\u4eba\u5206\u5275\u51fa\u3001<br \/>\n\u2461\u4e16\u754c\u9280\u884c\u767a\u8868\u306e\u6295\u8cc7\u74b0\u5883\u30e9\u30f3\u30ad\u30f3\u30b0\u306b\u304a\u3051\u308b\u30ed\u30b7\u30a2\u306e\u9806\u4f4d\u30922011 \u5e74\u306e120 \u4f4d\u304b\u30892015 \u5e74\u306b50 \u4f4d\u30012018 \u5e74\u306b20 \u4f4d\u306b\u307e\u3067\u5f15\u304d\u4e0a\u3052\u3001\u306a\u3069\u306e\u6570\u5024\u76ee\u6a19\u3092\u63b2\u3052\u305f\u307b\u304b\u3001\u300c\u7d4c\u6e08\u8fd1\u4ee3\u5316\u300d\u306e\u91cd\u8981\u6027\u3092\u5f37\u8abf\u3057\u3001\u57fa\u672c\u7684\u306b\u306f\u7d4c\u6e08\u653f\u7b56\u9762\u3067\u30e1\u30c9\u30d9\u30fc\u30b8\u30a7\u30d5\u8def\u7dda\u3092\u8e0f\u8972\u3002<br \/>\n\u30d7\u30fc\u30c1\u30f3\u5927\u7d71\u9818\u306f\u7d4c\u6e08\u653f\u7b56\u306e\u5404\u8ad6\u30ec\u30d9\u30eb\u3067\u3044\u304f\u3064\u304b\u306e\u8ecc\u9053\u4fee\u6b63\u3001\u304a\u3088\u3073\u65b0\u305f\u306a\u8a66\u307f\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002\u4e3b\u306a\u3082\u306e\u306f\u4ee5\u4e0b\u306e3\u70b9\u3067\u3042\u308b\u3002<br \/>\n(1)\u8ecd\u9700\u3092\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u306e\u6e90\u6cc9\u306b<br \/>\n(2)\u6c11\u55b6\u5316\u653f\u7b56\u306f\u4e00\u90e8\u5f8c\u9000<br \/>\n(3)\u6975\u6771\u30fb\u6771\u30b7\u30d9\u30ea\u30a2\u958b\u767a\u306b\u672c\u8170<\/p><\/blockquote>\n<p><span style=\"color:#ff3300;\">\u30ed\u30b7\u30a2\u7d4c\u6e08\u306f\u3001\u82e5\u5e72\u4e0a\u6607\u50be\u5411\u306b\u3042\u308b\u3088\u3046\u3067\u3059\u304c\u3001\u4eca\u5f8c\u306e\u30d7\u30fc\u30c1\u30f3\u306e\u7d4c\u6e08\u653f\u7b56\u306f\u3001\u7279\u306b\u6975\u6771\u30a2\u30b8\u30a2\u306b\u8ef8\u8db3\u3092\u636e\u3048\u305f\u72b6\u6cc1\u306b\u306a\u3063\u3066\u304d\u3066\u304a\u308a\u3001\u77f3\u6cb9\u3001\u5929\u7136\u30ac\u30b9\u3092\u4e2d\u5fc3\u3068\u3057\u305f\u8cc7\u6e90\u4f9b\u7d66\u3092\u3001\u65e5\u672c\u306a\u3069\u30a2\u30b8\u30a2\u592a\u5e73\u6d0b\u65b9\u9762\u3092\u4e2d\u5fc3\u306b\u4eca\u5f8c\u884c\u3063\u3066\u3044\u304f\u3082\u306e\u3068\u8003\u3048\u3089\u308c\u307e\u3059\u3002<\/span><br \/>\n\u3053\u306e\u3088\u3046\u306b\u3001\u4e3b\u8981\u5404\u56fd\u306e\u7d4c\u6e08\u72b6\u6cc1\u3092\u3056\u3063\u3068\u898b\u305f\u3060\u3051\u3067\u3082\u30ed\u30b7\u30a2\u306f\u82e5\u5e72\u306e\u6210\u9577\u306e\u5146\u3057\u306f\u3042\u308b\u3082\u306e\u306e\u3001\u5404\u56fd\u3068\u3082\u884c\u304d\u8a70\u307e\u308a\u72b6\u6cc1\u304c\u307f\u3066\u3068\u308c\u307e\u3059\u3002\u3053\u308c\u3089\u306f\u3001\u4f55\u3092\u610f\u5473\u3057\u3066\u3044\u308b\u306e\u304b\uff1f\u5404\u56fd\u6bce\u306b\u307f\u3066\u3082<br \/>\n<u>\u30fb\u7c73\u56fd\u7d4c\u6e08\u306f\u3001\u6301\u3061\u76f4\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u5831\u9053\u3082\u3042\u308b\u304c\u3001\u3053\u308c\u306f\u672c\u5f53\u306a\u306e\u304b\uff1f\u3000\u5927\u7d71\u9818\u9078\u6319\u306e\u884c\u65b9\u306f\uff1f<br \/>\n\u30fb\u4e2d\u56fd\u306e\u4eca\u5f8c\u306e\u7d4c\u6e08\u52d5\u5411\u306f\u3069\u3046\u306a\u308b\uff1f\u3000\u56fd\u5bb6\u4e3b\u5e2d\u306e\u4ea4\u4ee3\u5f8c\u306e\u884c\u65b9\u306f\uff1f<br \/>\n\u30fbLIBOR\u4e0d\u6b63\u4e8b\u4ef6\u306b\u307f\u3089\u308c\u308b\u3088\u3046\u306b\u3001\u4eca\u5f8c\u306e\u30c9\u30eb\uff36\uff33\u30e6\u30fc\u30ed\u306e\u91d1\u878d\u6226\u4e89\u306e\u6210\u308a\u884c\u304d\u306f\uff1f\u7279\u306b\u3001\u91d1\u8cb8\u3057\u898f\u5236\uff08\u2190\u6b27\u5dde\u8cb4\u65cf\u3001\u738b\u65cf\u3001\u8ecd\u968a\u30fb\u611b\u56fd\u4e3b\u7fa9\u8005\uff09\u306f\u3069\u3046\u306a\u3063\u3066\u3044\u304f\u306e\u304b\uff1f<br \/>\n\u30fb\u7c73\u6b27\u306e\u91d1\u8cb8\u3057\u306b\u9054\u306b\u5bfe\u6297\u3059\u308b\u30d7\u30fc\u30c1\u30f3\u304c\u76ee\u6307\u3059\u7d4c\u6e08\u653f\u7b56\u306f\u4eca\u5f8c\u3069\u3046\u306a\u3063\u3066\u3044\u304f\u306e\u304b\uff1f<\/u><br \/>\n\u7b49\u30fb\u30fb\u30fb\u30fb\u30fb\u30fb\u30fb\u30fb\u30fb\u30fb\u30fb<br \/>\n<span style=\"color:#000080;\"><u>\u8cc7\u672c\u4e3b\u7fa9\u7d4c\u6e08\u3001\u7279\u306b\u3001\u3053\u308c\u307e\u3067\u306e\u91d1\u8cb8\u3057\u9054\u306e\u6210\u9577\u6226\u7565\u304c\u3001\u7d42\u7109\u3092\u8fce\u3048\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b!\uff1f\u3068\u3044\u3046\u8996\u70b9\u3067\u3001\u4e16\u754c\u306e\u7d4c\u6e08\u72b6\u6cc1\u306e\u5206\u6790\u3092\u91cd\u306d\u306a\u304c\u3089\u3001\u3042\u3089\u305f\u3081\u3066\u300c\u65e5\u672c\u56fd\u50b5\u66b4\u843d\u304c\u3044\u3064\u304b\uff1f\u300d\u306e\u4e88\u6e2c\u306b\u3064\u306a\u3052\u3066\u3044\u304d\u305f\u3044\u3068\u8003\u3048\u3066\u3044\u307e\u3059\u3002<\/u><\/span>\u4eca\u5f8c\u306e\u8ffd\u6c42\u30c6\u30fc\u30de\u306e\u4e88\u5b9a\u3067\u3059\u3002<br \/>\n<span style=\"color:#009933;\">\u300e\u4e16\u754c\u7d4c\u6e08\u306e\u73fe\u72b6\u5206\u6790\u300f<br \/>\n\u3010\uff11\u3011\u30d7\u30ed\u30ed\u30fc\u30b0<br \/>\n\u3010\uff12\u3011\u7c73\u56fd\u7d4c\u6e08\u306e\u73fe\u72b6\uff08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09<br \/>\n\u3010\uff13\u3011\u7c73\u56fd\u7d4c\u6e08\u653f\u7b56\u306e\u73fe\u72b6\uff08\u91d1\u8cb8\u3057\u306e\u6226\u7565\uff09<br \/>\n\u3010\uff14\u3011\u4e2d\u56fd\u7d4c\u6e08\u306e\u73fe\u72b6\uff08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09<br \/>\n\u3010\uff15\u3011\u4e2d\u56fd\u7d4c\u6e08\u653f\u7b56\u306e\u73fe\u72b6\uff08\u91d1\u8cb8\u3057\u306e\u6226\u7565\uff09<br \/>\n\u3010\uff16\u3011\uff25\uff35\u7d4c\u6e08\u306e\u73fe\u72b6\u2460\uff08\u72ec\u30fb\u4ecf\u3001\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09<br \/>\n\u3010\uff17\u3011\uff25\uff35\u7d4c\u6e08\u306e\u73fe\u72b6\u2461\uff08PIIGS\u3001\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09<br \/>\n\u3010\uff18\u3011\uff25\uff35\u7d4c\u6e08\u653f\u7b56\u306e\u73fe\u72b6\uff08\u91d1\u8cb8\u3057\u306e\u6226\u7565\uff09<br \/>\n\u3010\uff19\u3011\u30ed\u30b7\u30a2\u7d4c\u6e08\u306e\u73fe\u72b6\uff08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09<br \/>\n\u301010\u3011\u30ed\u30b7\u30a2\u7d4c\u6e08\u653f\u7b56\u306e\u73fe\u72b6\uff08\u91d1\u8cb8\u3057\u306e\u6226\u7565\uff09<br \/>\n\u301011\u3011\u30d6\u30e9\u30b8\u30eb\u30fb\u30a4\u30f3\u30c9\u7d4c\u6e08\u306e\u73fe\u72b6\uff08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09<br \/>\n\u301012\u3011\u30d6\u30e9\u30b8\u30eb\u30fb\u30a4\u30f3\u30c9\u7d4c\u6e08\u653f\u7b56\u306e\u73fe\u72b6\uff08\u91d1\u8cb8\u3057\u306e\u6226\u7565\uff09<br \/>\n\u301013\u3011\uff21\uff33\uff25\uff21\uff2e\u7d4c\u6e08\u306e\u73fe\u72b6\uff08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09<br \/>\n\u301014\u3011\uff21\uff33\uff25\uff21\uff2e\u7d4c\u6e08\u653f\u7b56\u306e\u73fe\u72b6\uff08\u91d1\u8cb8\u3057\u306e\u6226\u7565\uff09<br \/>\n\u301015\u3011\u4e2d\u6771\u60c5\u52e2<br \/>\n\u301016\u3011\u30b7\u30ea\u30fc\u30ba\u307e\u3068\u3081<\/span><br \/>\n\u203b\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff1a\u666f\u6c17\uff08\uff27\uff24\uff30\uff09\u3001\u96c7\u7528\u30fb\u5931\u696d\u7387\u3001\u8cbf\u6613\u306a\u3069<br \/>\n\u203b\u7d4c\u6e08\u653f\u7b56\uff1a\u91d1\u878d\u653f\u7b56\uff08\u91d1\u8cb8\u3057\u898f\u5236\uff09\u3001\u6210\u9577\u6226\u7565\uff08\u7523\u696d\u5206\u91ce\uff09\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u653f\u7b56\u306a\u3069<br \/>\n\u4ee5\u4e0a\u3001\u90fd\u540816\u56de\u306b\u308f\u305f\u3063\u3066\u8ffd\u6c42\u3057\u3066\u3044\u304d\u305f\u3044\u3068\u601d\u3044\u307e\u3059\u3002\u304a\u697d\u3057\u307f\u306b!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u753b\u50cf\u306f\u3001\u3053\u3061\u3089\uff08\u30ea\u30f3\u30af\uff09\u304b\u3089\u304a\u501f\u308a\u3057\u307e\u3057\u305f\u3002 \u7686\u3055\u3093\u3053\u3093\u306b\u3061\u306f\u3002\u4eca\u56de\u304b\u3089\u65b0\u30b7\u30ea\u30fc\u30ba\u3067\u3059\u3002\u3053\u308c\u307e\u3067\u3001\u300e\u65e5\u672c\u56fd\u50b5\u66b4\u843d\u306e\u53ef\u80fd\u6027\u306f\uff1f\u300f\u3092\u516815\u56de\u306b\u308f\u305f\u3063\u3066\u8ffd\u6c42\u3057\u3066\u304d\u307e\u3057\u305f\u3002\uff08\u30ea\u30f3\u30af\uff09\u4eca\u5f8c\u306e\u6b8b\u8ab2\u984c\u3068\u3057\u3066\u3001 \u2460\u66b4\u843d\u306b\u5bfe\u3059\u308b\u5186\u9632\u885b\u7b56\u306f<a href=\"http:\/\/www.kanekashi.com\/blog\/2012\/08\/1914.html\"> &#8230;\u7d9a\u304d\u3092\u8aad\u3080<\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[2],"tags":[],"_links":{"self":[{"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/posts\/1914"}],"collection":[{"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/comments?post=1914"}],"version-history":[{"count":0,"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/posts\/1914\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/media?parent=1914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/categories?post=1914"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.kanekashi.com\/blog\/wp-json\/wp\/v2\/tags?post=1914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}