south korea is a $1500000000.00 industry that is one of the fastest growing segments globally. this includes everything from premium grade pet foods, with jim saying and hung about ingredients. air purifiers for puppies and even doggy funeral us, which is becoming an increasingly popular service in the country. however, not everyone is on board with this for baby trend. there is a growing segment who oppose this trend, calling it a replacement baby syndrome, and a natural insisting that pets cannot replace children. world wide trends show that marriage and child rearing are decreasing in popularity. but the nurturing instinct and woman has not died down. it has simply been re directed towards dogs. psychologist say that dogs can indeed replace a child or even a sibling. many single child families bringing pets as substitutes for siblings to teach children compassion, responsibility,

patients and trust. couples are citing freedom and tight finances as reasons for delay having a child. in contrast, the average pet owner spends around 25023508 year for a dog. and based on the average life span of 12 years, the lifetime cost of only a dog is around $36000.00. and now, while this sounds like a lot of money, the cost of raising a child in the us is between $13000.00 to $15000.00 a year. and while the sustainability of the pet industry in the long run is a known new commerce ideas, like doggie restaurants, are now making a profit for this and more we bringing again, phil a cooper, an expert in the pet industry. so philip ages are the only people who love to dote on their dogs. recently, a san francisco restaurant who served

a multiple course bone appetite meal for $75.00 to puppies has come under criticism over the price point for the pampered pets, pointing out incoming equality and the homelessness in the city. so what do you make of this is this considered may be excessive, is willing to solve the success of it. and to me, i believe it's a little excessive. however, who am i to judge of what you do with your look at, how much money you choose to spend on your pets. uh, i think people spend what they do other pets because they get disobedient love back from an animal, as we described before. it's unconditional. and yeah, there are people, they go to excess but you know, the amount of love and support you get from all animals and what animals both teach you in taking care of them. and it's, you know, when you saw a dog cat specifically, my grand daughter is

a lover of animals as you would expect. and she or she to serve orphaned animals and finds of homes in currently. so you've got 14 gaps in her house, baby cats that she is looking for hose for, but she feeds them and she loves them. and you know, her children watch these little creatures grow and they see the needs that they have not only for food but are hygiene and, and other things. and you know, being able to watch the birth thing of an animal is an amazing process that if kids will see it, whether it's a dog or a cat, or as you can see, i have an inquiry behind me keeping fish and watching fish grow and have babies and the very things give you a great sense of gratitude and give your kids a great example of how life continues and what they can learn about taking care of

that. how much responsibility it is, whether you have a fish or a bird, or a cat, or a dog or, or a kind of animal. it requires a real effort. and it's a great training exercise and a great teaching method for adults to help the kids understand what's required in life. absolutely. and do you think it's concerning that pets are replacing children for some couples and in certain demographics? and what are the implications here? well, certainly it's concerning that i mean where the world is a whole is saying some decline in baby growth except in some countries and a lot of as a result of the cost, a lot of is a result of the way society is developed and young people not

marry young like i did. uh cuz that's what we did when we were growing up. you expect to get married and have a family and, and you expected it. you expect to have more than one file of your grew and you, you bill to the and you build a life based on that. uh, nowadays, i find some of young people a little more selfish. uh and, and that'd be critical is just the reality. they're a little more selfish when it comes to what they spend their money on and whether or not they uh, uh, get along with their spouse or, or their relationships in lot of people, blame and not video games and other things computers and how we become. so self absorbed woods, i phones and, and there's some truth in that, but i, you know, i think people eventually get it. and i think, as you mentioned,

we have seen that impact of populations in a lot of different places when you talked about the cost of raising a child, that the cost of raising a pet, you know, the costs will certainly be to be based on the size of the bed or how many you have the average american household today is 2 and a half dogs is many cast, so it's more than just one dog per household anymore. and there is a genuine concern about expense and a genuine concern of whether people will continue to have babies and c population grow to. absolutely. now, where is pet ownership? the lowest? is it in more developing countries? and do you think if affluence plays a part in pet ownership here? yeah, it is developing countries because of that extra cost. and, you know, we're right now we've looked at markets like south america,

which is booming. they've been. busy developing countries there for, for many years, and they just didn't have the extra income to be able to see additional pets, the hazard concentrate other families. but as they continue to grow and, and income increases because they do turn to pass. and even the, the in the countries where there's federal tests, people still find the way to try to take care of them. because they feel bad that they don't aren't being taken care of or don't have families v with, but they certainly don't want to see them neglected as well. 30 years ago i went to mexico city and i was surprised at people who would spend a $100.00 for a bag of dog food, who is a premium dog food. when a back then the population, there was a lot of rich people, a lot, a lot of poor people in that much in the middle of,

but that country has developed dramatically and, and they spending as much per pet today is we are in the us. well, thank you so much for the for our time today. i really appreciate it. i pleasure. i hope you all have a great day. go out there and enjoy the, the benefits of animal ownership, but be a responsible owners. well, as outrages and fanciful as one sounded, the winners and losers of today's pet world can actually be described as a plot of the 2017 dreamworks animation. the boss, baby, or baby's and puppies are in a war competing for adults love. and many countries, millennials today are opting for pets over babies, citing type finances, personal freedom, as well as women having children later in life. this is a striking global trend. as many prosperous countries have seen,

their birth rates fall with the replacement rate fairly above to. meanwhile, pet ownership is on the rise wall, family sizes decline, and while pets are expensive, they're not as expensive as babies. and couples are happy to spend on their pets, as there is no recession in pet spending, even as income suffered. meanwhile, pope frances has even spoken up on the subject and even called out people who have pets instead of children as being selfish. so at this point in time, the puppies are clearly winning out over the babies. i'm christy. i thanks for watching and we'll see you right back here next time on the cost of everything. the the,

the car. i'm rick sanchez. and i'm here to plan with you whatever you do. do not watch my new show. seriously. why watch something that's so different. several opinions that he won't get anywhere else. welcome to please or do you have the state department c, i a weapons, bankers, multi 1000000000 dollar corporations. choose your fax for you. go ahead. i changed and whatever you do, don't want my show state main street because i'm probably going to make you

uncomfortable. my show is called stretching time, but again, you probably don't wanna watch it because it might just change the waiting thing. the welding of the a sober to the to the no credit union gymatorium. so any, uh, if i did, she shipped a clean i should put a control room for 2 of us. so we fixed you guys to move onto the system, really p and you have enough people, lots of websites. that's and that's what i see mean. yeah. well we did the boom cloud shows actually it's strange uh, fox news, but i'll let you as well. but the crazy if that's where you store lot of the my software, but just don't use it on satellite if she ever we get us. but every shipper that is just a good fit you immediately of course we'll take you more,

but of them i need deals says that you train scroll, so that's what i'm using. i'm only for each of them. or where are you? not too bad useful. clicked the button, so i'm sitting here waiting for you to recreate your staple feature of october to please take place so that i'm not the hello and welcome to cross talk. we're all things are considered. i'm peter lavelle, western governments, and they're pliant minions and the media. tell us we must venerate nato as if it

were some kind of pious and benign institution in fact. and nato is a very dangerous and aggressive military alliance. and it's in panic mode. the, the processing, the nature of natal, i'm joined by my guess, wilmer leon in washington. he's a political scientist, an author, as well as a radio talk show host and in washington state we have on 3 months down there. he is a writer as well as a military and political analysts or a gentleman called sack rose in effect. that means you can jump any time you want, and i always appreciate under you, let me go to you 1st and washington. you've got a pro list for the program, much appreciated nato. as i said in my introduction, isn't a state of panic. okay. if they don't let ukraine in which they won't any time soon i my money is on that it will never be part of nato. but i will let the people in thing take us down in washington in london, continue with their unicorn dreams. but if i do, it's

a permanent way to keep it out. then we have a forever war because the west is never gonna come to terms of the fact that it lost the conflict against russia. so nato is built itself a very dangerous hand for all of us on the day. in 1940. yeah. when we are, most, most of the shingles are basically army. so france and so you should remember a short show for our claim that's, you know, now the united kingdom break break on the, in france. i was saying, said they didn't do any good before french cool off that know what we know. and you know, for british and a copy ginger, so he's the same cpa for most approximations again. and you want me to imagine that day for some reason except your grade intimate or what they're going to do. you know, so i, it is so ridiculous, so reports that us, that is so piano driven that most people, but i'm not,

they do this serious now. and there is very, very little say, miles, because you're using dupont boston as well, or i absolutely because, i mean, this wasn't very well thought out. obviously we'd see what these people have done with an ip address in a rack with serious design group of people. okay. and oh, by the way, victoria newland is in for her 2nd showing because she was in the binding, the obama administration when she started all approach shenanigans there with the legal transfer of power in 2014. but you know, the, they expected the sanctions to work see, they believe and these, it means fantasies that the sanctions would do it and it wouldn't be known. it wouldn't be necessary to, to worry about rushing militarily. they've completely grossly miscalculated and they don't know what to do, because if they, what, if they induct ukraine into the, into the lines, then there's going to be world war 3. ok. then russian will start hitting military

bases in poland. okay. but if it doesn't do it, you know, then they're in this case where they're going to try to do it. um, or i've gotta spend 2 point oh, another 20 year more your thoughts? and i don't think well, and i don't think if, if the definition of for away it forever, war is afghanistan, then i don't think that that's where we're headed. because now the global dynamic has shifted dramatically since the united states started the fight in afghanistan. in fact, the global landscape has shifted dramatically since the u. s. provokes the conflict in ukraine, and it's not shifted in favor of the u. s. i also believe that the sentiment in the us is shifting away from throwing more money down this dry well called ukraine. the world has developed into a multi polar versus a unipolar world. and this was never about ukraine. this has always been to your

point about crippling russia and d, industrialize in germany. and some will argue that the ultimate goal is to be china. and that you have to go through russia in order to accomplish that. it's never been about ukranian democracy or sovereignty. it was about the uh if it had been then the us through victoria newland would not have overthrown the democratically elected you on a coal which government. so even though we're seeing the united, this is really been a money laundering state. yeah. but it was the that, that's what i had mentioned. dana said, i didn't mean the war. i meant the grist keep it. oh then yes, yes, but, but i don't think we're in for another 25 year investments. so that's why i think they're even creating money now what it, what it did.