In this view, crony capitalism is the result of an excess of socialist-style interference in the market, which inherently will result in a toxic combination of corporations and government officials running the sector of the economy.
During glacial stages (ice ages), periods of time dominated by colder climate, global sea level was lowered by as much as 200 meters. About 21,000 years ago, during the last glacial maximum (LGM), sea level was about 125 meters (about 410 feet) lower than it is today.
For the glacial period lasting from 110,000 to 12,000 years ago, see last glacial period. Northern Hemisphere glaciation during the Last Glacial Maximum. The creation of 3 to 4 km (1.9 to 2.5 mi) thick ice sheets equate to a global sea level drop of about 120 m (390 ft).