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.
Glacials, on the other hand, refer to colder phases within an ice age that separate interglacials. Thus, the end of the last glacial period is not the end of the last ice age. The end of the last glacial period was about 11,700 years ago, while the end of the last ice age has not yet come. Over the past few million years the glacial-interglacial cycle has been paced by periodic variations in the Earth's orbit via Milankovitch cycles which are thus the cause of ice ages.