It is a fold with tourney life on the line.
In this particular tournament I would fold. Better spots and all that
Honestly this is very outdated reasoning now.
Agree, but it has some merit when deep in the money because there's lots of icm to consider.
On the other hand, at this stage you could argue that doubling your chip stack doesn't double your EV, but when you're knocked out you're EV most certainly is 0.
So I think there's merits to that line of thought actually.