* Former national finance minister, Lou Jiwei warned last month that existing 5G technology in China is immature and quite expensive.
* The next stimulus package should contain billions of dollars to produce, distribute, install, build out, maintain and monitor municipal fiber-optic broadband cable around the nation.
* Until and unless a much safer, more cost-effective and less-energy intensive system can be produced, we should revise plans for continued expansion of the 5G albatross.
You may have heard that we are locked in a technology battle with China over commercializing 5G. That conflict turns out to be more hype than happening, designed to whet American appetites for competition and pave the way for more subsidies to the global multi-trillion dollar telecom industry.
Former national finance minister, Lou Jiwei warned last month that existing 5G technology in China is immature and quite expensive. Increased electricity costs to fuel 5G in 2019, he recently warned look to be 10 times the profit of China Telecom — one of three state telecom companies of China…SNIPRead more →