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.
There have been many ice ages during the last 2.6 million years but when people talk about the Ice Age, they are often referring to the most recent glacial period, which peaked about 21,000 years ago and ended about 11,500 years ago.