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With a debt ceiling looking grim as deadlock in Washington goes almost apocalyptic, is there anything good that could come of defaulting on our national debt? Most liberals and Democrats on the hill would scream out a resounding “NO!” while some far-right Tea Party Republicans seem to not have a real concern, suggesting that a default wouldn’t be the end of the world… literally.

But beyond the screaming matches that are making Congress look more like a WWE match than a group of organized legislators and budget decision-makers, there is more to the pros and cons of this potentially devastating situation.

According to a recent JP Morgan article, those in the world of investment are taking a different tack than any old news junkie watching every move as the positions and ability to reach agreements between the President and Congress over the affordable care act changes at a breakneck pace.

For starters, we know without a doubt that a default would immediately cause a potentially insane increase in interest rates; but it could, in the longer term—many investors believe—create potential for interest rates to lower. The financial experts of this mindset project that the debt will lower over the following months and even years if we in fact pass the October 17th deadline for raising the debt ceiling. How on Earth does this thinking even have a place in a realistic conversation about the US economy—indeed, even the global economy?

Let’s take a look at the safe investments that won’t take a dive: our national Treasury Bonds. This is where true financial pundits will place their confidence if we do default. While the rest of the economy goes bananas, Treasury Bonds have the ability to stay serene and balanced in a world of utter turmoil.

But here’s the counterpoint: Treasury Bonds are not something most everyday folks are invested in, and therefore, cannot benefit from. To make the default an even bigger game changer, it has the potential to create a financial crisis that will affect the literal sanity of most types of investors. To wit, buying up loads of Treasury Bonds would be suggestive to Wall Street and other heavy hitters whom we depend on as a way to forecast our financial futures that the remainder of the economy is trudging toward its grave like a zombie. This means everything from the housing market to mutual funds to small business finance could wind up in the ICU.

In the end, there’s no real pretty outcome to a default, making Treasury Bonds a pretty thin silver lining. In other words, it is all about status. Not the kind of status that’s flashy or glamorous, but the kind that makes the US operate with the home field advantage of being the global reserve currency—which by the way, helps to stabilize the world economy. Having this status makes it possible for our financial institutions to offer lower interest rates on home and car loans, as well as small business loans and more.

Breaking up with the debt ceiling and saying, “It’s not you, it’s me” just won’t work for America’s financial future. It makes us an even higher risk to those we already owe money to (primarily China) while also taking us from the status of prom queen to class clown in a matter of weeks.