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That's like saying war is bad for the construction industry because there won't be any demand for real estate development.

War is extremely lucrative because there will be "reconstruction" contracts once the dust settles. For McKinsey, these are equivalent to "restructuring" businesses after economic recessions.

Trillions were lost in the March 2000 dotcom collapse and the September 2008 crash. McKinsey, Bain etc emerged unscathed. There's plenty of business to go around even if the economy is in shambles.



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