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 last Ice Age, known as the Pleistocene Epoch, began almost 1.8 million years ago and lasted until approximately 11,700 years ago. During this time, massive glaciers covered most of the surface of the Earth. There have been four known Ice Ages on Earth in the 4.6 billion years that the planet has existed. It is very possible that there were many more that occurred that are undocumented from before the advent of mankind, about 2.3 million years ago.