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.
Posted on 17 June 2011 by Rob Painting. The Paleocene-Eocene Thermal Maximum () was a period of natural global warming that took place almost 56 million years ago. It came at a time when the atmospheric concentration of CO2 was already higher than today, and global temperatures also much warmer. The warming was a roughly 200,000-year long event where global temperatures rose by a further 6â8Â°C, and is thought to have been caused by a massive injection of CO2 into the atmosphere.