In Saudi Arabia, why you can get a suit just $30

Title: In Saudi Arabia, why you can get a suit just $30.

Last Thurseday, I went to Capilano Suspension Bridge with my friend who comes from Saudi Arabia. I was absorb in the conversation because it was very interesting. In the time, I noticed 3 things in the conversation.

1 Oil depresses inflation

2 International electric companies don’t adapt the price to each contry.

3 OPEC & Majors get incredible profits

He told me that all lf products in Canada is too expensive. He got his jacket$10, his pants $4, and his suit just &30!!! (It didn’t look so cheep) And, he asked me to gues the price of oil. The question was ’How much does it cost, if you fill the oil tank of corolla with oil.’ The answer was just $5!! I couldn’t believe. But last ward he said was more impressive. He bought his camera(Sony) for &450, and lap top(Dell) for $ 1,100 in his country.

I think that the per head GDP in Saudi Arabia is not so small because they have oil in spite of just 11 million people. I think the prices is too low comparing with their per head GDP. Thanks to oil, the government can keep not only oil, but also a lat of product which made of their country low.

But despit of such control, grobal electric companies don’t care of it. I think this is because most of Arabian companies can’t make alternative products. Namely there is no competition. On the other hand, it is said that the price of BigMac (the humbugger of MacDnald) reflects the prices of countries. So, you can buy big Mac very cheep in Saudi Arabia.

And $5 to fill the oil tank means how cheep to get oil for OPEC & Majors and how expensive when we buy oil considering the prime cost.(In the case of Japan, now it cost about $60 ) OPEC & Majors may incredible profit.

These are my notice in Vancouver.