Mirroring the flu pandemic in 1917, John Kerry on climate change, U.S. in drought & conditions are getting worse, Gen Z unemployment rate, farmland next big startup asset, and pay attention to crypto.

People gave up on flu pandemic measures a century ago when they tired of them – and paid a price, Kerry: 'No government is going to solve' climate change, Nearly half the U.S. is in drought and conditions are expected to grow worse, NOAA says, Charted: The Gen Z Unemployment Rate, Compared to Older Generations, Farmland could be the next big asset class modernized by marketplace startups, and Fidelity to launch bitcoin ETF as investment giant builds its digital asset business.

People gave up on flu pandemic measures a century ago when they tired of them – and paid a price - source

"If we have anything to learn from the history of the 1918 influenza pandemic, as well as our experience thus far with COVID-19, however, it is that a premature return to pre-pandemic life risks more cases and more deaths. And today’s Americans have significant advantages over those of a century ago. We have a much better understanding of virology and epidemiology. We know that social distancing and masking work to help save lives. Most critically, we have multiple safe and effective vaccines that are being deployed, with the pace of vaccinations increasingly weekly."

Kerry: 'No government is going to solve' climate change - source

“The solution is going to come from the private sector, and what government needs to do is create the framework within which the private sector can do what it does best, which is allocate capital and innovate and begin to take the framework that’s been created. ... We need to go after this as if we’re really at war.”

Nearly half the U.S. is in drought and conditions are expected to grow worse, NOAA says - source

“In many of the drought impacted areas, rangeland and winter pastures have already experienced adverse effects,” said Jon Gottschalck, a meteorologist at NOAA’s Climate Prediction Center, referring to a historic Arctic outbreak that brought dangerous cold and snowy conditions to the central and southern U.S. in February. Hotter-than-average temperatures this spring and low soil moisture will fuel and expand drought conditions in the southern and central Great Plains and southern Florida, forecasters said. In the northern Plains, drought conditions could grow worse depending on how much rainfall the area experiences.

Charted: The Gen Z Unemployment Rate, Compared to Older Generations - source

There are more than 2 billion people in the Generation Z age range globally. These individuals, born between 1997 and 2009, represent about 30% of the total global population—and it’s predicted that by 2025, Gen Z will make up about 27% of the workforce. Due to the global pandemic, unemployment has been on the rise across the board—but Gen Z has been hit the hardest. This chart, using data from the OECD, displays the difference between the unemployment rate for Gen Zers and the rate for older generations.

Fidelity to launch bitcoin ETF as investment giant builds its digital asset business - source
When major institutions are getting in on crypto you should be too.

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