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.
During the present ice age, glaciers have advanced and retreated over 20 times, often blanketing North America with ice. Our climate today is actually a warm interval between these many periods of glaciation. The most recent period of glaciation, which many people think of as the Ice Age, was at its height approximately 20,000 years ago.