Armed conflicts in less developed countries are often very persistent although one could expect the opposite due to lacking financial and material capacity in those areas. How can violent actors and warlords manage to continue warfare lastingly? The article presents, in its theory section, several assumptions regarding the longevity of these armed conflicts from the perspective of fragile statehood, collapse of neo-patrimonial networks, conflict-resources, social grievances and ethnicity. Additionally, the character of the “new” wars and particularly the design and functional logic of a typical wareconomy is analysed as the latter is assumed to fuel armed conflict significantly. The “Great War” (1989-2003) in Liberia is a classic example for persistent armed conflicts in connection with war-economies in Africa and thus suits well as empirical illustration to employ the preceding assumptions on.