From Asia Times
''Needless to say, military expenditure takes financial, economic and human resources away from productive uses, are used in armed conflicts and wars and these, in turn, exact an even heavier toll on human and economic development.
Oil is intimately connected to military expenditure and armed conflicts and wars in a number of ways.There is evidence that oil revenues and military expenditure are somewhat correlated, providing a seemingly painless means of financing the most sophisticated weaponry available; the acquisition of sophisticated military hardware, in turn, encourages armed conflict and causes significant human and physical loss; and armed conflict, in part because of arms depletion, encourages further military expenditures.''
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