> From: "Alexandre Fenelon"
>
>
> -Good article, but seems to have a weak point. Won´t a dramatic increase in
> oil
> -prices result in a dramatic deterioration of current account deficit of
> USA?
>
> Alexandre
>
> ^^^^^^^^^
>
> Charles: You mean because the US imports a lot of oil ? Perhaps you can
> spell out your economic reasoning chain on this a little more for me ( I'm not
> exactly a topnotch economist)
>
> However, this would be a contradiction if true. I don't think the argument
> is that the war would free US imperialism of all contradictions in the current
> situation. On the contrary, imperialism cannot help but to create more
> contradictions and crises.
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