Latest data reveals American households are drowning in debt. The typical family is juggling four major financial burdens: credit cards at $10,000, student loans hitting $58,957, mortgages averaging $241,840, and auto loans at $22,612. That's over $333,000 in total liabilities per household. With interest rates still elevated and inflation squeezing budgets, this debt mountain could trigger wider economic ripples. Worth watching how this impacts consumer spending power and risk appetite in both traditional and crypto markets.