Americans Are $13 Trillion In Debt: 10 Mind-Blowing Statistics Showing How Crazy That Is

If you added up the personal debt of every American — what they owe on their mortgages, credit cards, student loans, and more — the total is staggering. Collectively, we’re $13.2 trillion in the red. That’s the highest ever, according to the New York Fed.

Yet no one seems to be panicking. Maybe that’s because we can’t comprehend $13 trillion. Imagine buying every NFL team. And every NBA team. And every NHL team. And every Major League Baseball team. But that only adds up to $191 billion.

It’s hard to spend $13.2 trillion. Here are a few ways you can do it…

A McDonald’s cheeseburger, large fries, and a drink costs $4.38. If you bought everyone on the planet — 7.4 billion people — that meal for a whole year, you’d still be a trillionaire. Throw in a cookie, and you’d still have $243 billion. Then you could buy the entire McDonald’s franchise, which is worth about $100 billion.

After everyone has eaten McDonald’s every day for a year, they’re going to need to lose weight. The average gym membership costs about $40 to $50 a month, and after initiation fees, that’s about $800 a year. Multiply that by 7.4 billion people, and it’ll cost you $5.9 trillion.