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 research, published in Science, found that mountain glaciers on Baffin Island, along with a massive North American ice sheet, expanded quickly when the Earth cooled about 8,200 years ago. The finding was surprising because the cold snap was extremely short-lived: The temperature fell for only a few decades, and then returned to previous levels within 150 years or so.