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Pets the big winners from credit crunch?

Research from America suggests not everyone is feeling the heat of the credit crunch; in fact pets are still sitting pretty despite the difficult economic climate.

According to the American Pet Products Manufacturers Association, some 63 per cent of Americans own pets and they’re not afraid to splash the cash on them. It’s even more staggering once you crunch the numbers to find that an amazing $43.4 billion dollars (some £22 billion) will be spent on pets in 2008.

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