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 were at least 17 cycles between glacial and interglacial periods. The glacial periods lasted longer than the interglacial periods. The last glacial period began about 100,000 years ago and lasted until 25,000 years ago. Today we are in a warm interglacial period.