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Notes -
The question is whether you play out the unwinnable position -- go through the rest of your life as a failure who will never do any better than you are doing now -- or just give up the game as lost.
I suppose there's an argument for that, but I just feel like 'life utility points' aren't super tied to money in the West right now beyond a certain minimum spec. You don't want to be broke-broke, I agree, but the qualitative difference between making $100k and making $300k is pretty low as somebody who's bounced around the spectrum. My net worth/earnings took a big hit a few years ago in '2021 fantasy bull market dollars' terms which probably is gonna take me another couple years to get back to, but my day-to-day existence is essentially the same. Admittedly I'm probably more frugal than a lot of guys like that, but having experienced a lot of 'rich person stuff' it's the difference between a 7.5/10 day and a 8/10 day.
If you're not a spendthrift, the difference is between making $100k and working the corporate grind until you die to avoid dropping down to the $50k-or-less lifestyle, or making $300k and being able to get out at some point. If you are a spendthrift, the difference is obvious.
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