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.
The most recent glaciation period, often known simply as the âIce Age,â reached peak conditions some 18,000 years ago before giving way to the interglacial Holocene epoch 11,700 years ago. At the height of the recent glaciation, the ice grew to more than 12,000 feet thick as sheets spread across Canada, Scandinavia, Russia and South America. Corresponding sea levels plunged more than 400 feet, while global temperatures dipped around 10 degrees Fahrenheit on average and up to 40 degrees in some areas.