This quote suggests that if one finds themselves in a situation where submission is inevitable, it is most beneficial to do so with a positive attitude rather than begrudgingly. The term “best grace possible” implies accepting the situation with dignity, respect, and without resentment.

The concept of “wasteful” here can be interpreted in two ways. Firstly, it could mean that resisting an inevitable situation only drains one’s energy and time, which could be better invested elsewhere. Secondly, it could also mean that by resisting, one might miss out on the potential growth or learning that could come from the situation.

In the context of today’s world, this quote can be applied in various scenarios. For instance, in the face of a global pandemic, where everyone has to submit to new norms like social distancing and wearing masks, doing so with the “best grace possible” would mean accepting these changes positively, understanding their necessity rather than viewing them as a burden.

In terms of personal development, this quote suggests the importance of resilience and adaptability. Life will often present situations that we cannot control and must submit to. Instead of resisting these situations, we should try to accept them with grace, learn from them, and use them as stepping stones for personal growth. For example, if you’re passed over for a promotion, instead of harboring resentment, you could choose to accept the decision gracefully, seek feedback, and use the experience to improve and prepare for future opportunities.

In conclusion, this quote is about embracing life’s challenges with a positive attitude, understanding that every situation, even those we can’t control, offers an opportunity for growth and learning.