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.
The Earth is currently in such an interglacial period of the Quaternary Ice Age, with the last glacial period of the Quaternary having ended approximately 11,700 years ago with the start of the Holocene epoch.escriptions [edit]. The second ice age, and possibly most severe, is estimated to have occurred from 850 to 635 Ma (million years) ago, in the Neoproterozoic Era and it has been suggested that it produced a second  Snowball Earth  in which the earth iced over completely.