Are There any Groups or Individuals Here in the USA Who would Benefit from USA's Default on Our Debt

There is, but lets say we dont raise the debt ceiling, Biden declares the 14th amendment makes the debt ceiling unconstitutional, I think you still trigger a pretty nasty financial backlash because of the uncertainty of that argument, and there is bound to be a wait for the SCOTUS to decide (assuming someone challenges Biden in court). No doubt our credit gets downgraded even if nothing catastrophic happens, as it will be a signal to all that our political situation is inherently unstable and we are willing to shoot the golden goose ourselves based on our insane politics.

 

People that own Crypto?

 

I suspect that the pentavirate will/would benefit.

 

That movie is so underrated. "His wee beady eyes" gets me every time.

 

My favorite is "You're gonna buy my chicken oooh!"

 

Perhaps the nation as a whole, especially the future generations.

As long as we remain solvent and avoid default, seems we'll continue to borrow and to blow up the debt without any serious intentions to pay it down, let alone off.

Default could serve to expose the folly of reckless borrow and spend and usher in an era of fiscal responsibility, that would be necessary to rehabilitate our credibility. Clearly there would be a brutal transition phase, but that 'day of reckoning' is inevitable (as long as we continue in denial in the same self destructive direction)--and quite simply, the longer we push off that DOR, the worse it will be, and the more brutal the transition.

eg--Imagine if we'd let the crash happen in the wake of '08 instead of blowing up the debt to beyond the GDP...we could have, and imo would have, long since bounced back and been much stronger and better off for it.

That same event today, with the debt 4x what it was back then, and well beyond the GDP (like 3/2 ratio), will prove to be >10x more destructive today than in '08, even calling into question--in earnest--our ability to survive as a nation.

So on the shear basis of the sooner the...not as brutal... I'd suggest on the whole, especially future generations.

Jmho/fwiw.