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.
These periods of time when large areas of the Earth are covered by ice sheets are called ice ages. The last of the ice ages in human experience (often referred to as the Ice Age) reached its maximum roughly 20,000 years ago, and then gave way to warming. Sea level rose in two major steps, one centered near 14,000 years and the other near 11,500 years.