Minecraft crashes while loading a minecraft world

---- Minecraft Crash Report ----
// Why is it breaking

Time: 5/20/17 5:59 AM
Description: Updating screen events

java.lang.IllegalStateException: failed to create a child event loop
at io.netty.util.concurrent.MultithreadEventExecutorGroup.<init>(MultithreadEventExecutorGroup.java:68)
at io.netty.channel.MultithreadEventLoopGroup.<init>(MultithreadEventLoopGroup.java:49)
at io.netty.channel.nio.NioEventLoopGroup.<init>(NioEventLoopGroup.java:61)
at io.netty.channel.nio.NioEventLoopGroup.<init>(NioEventLoopGroup.java:52)
at mh$1.a(SourceFile:61)
at mh$1.b(SourceFile:58)
at op.c(SourceFile:10)
at mh.a(SourceFile:152)
at bes.a(SourceFile:2162)
at bkb.e(SourceFile:229)
at bkb.a(SourceFile:182)
at bkb.a(SourceFile:148)
at bfy.b(SourceFile:41)
at bka.a(SourceFile:117)
at bho.k(SourceFile:404)
at bka.k(SourceFile:49)
at bho.p(SourceFile:381)
at bes.t(SourceFile:1586)
at bes.av(SourceFile:970)
at bes.a(SourceFile:398)
at net.minecraft.client.main.Main.main(SourceFile:124)
Caused by: io.netty.channel.ChannelException: failed to open a new selector
at io.netty.channel.nio.NioEventLoop.openSelector(NioEventLoop.java:128)
at io.netty.channel.nio.NioEventLoop.<init>(NioEventLoop.java:120)
at io.netty.channel.nio.NioEventLoopGroup.newChild(NioEventLoopGroup.java:87)
at io.netty.util.concurrent.MultithreadEventExecutorGroup.<init>(MultithreadEventExecutorGroup.java:64)
... 20 more
Caused by: java.io.IOException: Unable to establish loopback connection
at sun.nio.ch.PipeImpl$Initializer.run(Unknown Source)
at sun.nio.ch.PipeImpl$Initializer.run(Unknown Source)
at java.security.AccessController.doPrivileged(Native Method)
at sun.nio.ch.PipeImpl.<init>(Unknown Source)
at sun.nio.ch.SelectorProviderImpl.openPipe(Unknown Source)
at java.nio.channels.Pipe.open(Unknown Source)
at sun.nio.ch.WindowsSelectorImpl.<init>(Unknown Source)
at sun.nio.ch.WindowsSelectorProvider.openSelector(Unknown Source)
at io.netty.channel.nio.NioEventLoop.openSelector(NioEventLoop.java:126)
... 23 more
Caused by: java.net.ConnectException: Connection timed out: connect
at sun.nio.ch.Net.connect0(Native Method)
at sun.nio.ch.Net.connect(Unknown Source)
at sun.nio.ch.Net.connect(Unknown Source)
at sun.nio.ch.SocketChannelImpl.connect(Unknown Source)
at java.nio.channels.SocketChannel.open(Unknown Source)
at sun.nio.ch.PipeImpl$Initializer$LoopbackConnector.run(Unknown Source)
... 32 more

A detailed walkthrough of the error, its code path and all known details is as follows:
---------------------------------------------------------------------------------------

– Head –
Thread: Client thread
Stacktrace:
at io.netty.util.concurrent.MultithreadEventExecutorGroup.<init>(MultithreadEventExecutorGroup.java:68)
at io.netty.channel.MultithreadEventLoopGroup.<init>(MultithreadEventLoopGroup.java:49)
at io.netty.channel.nio.NioEventLoopGroup.<init>(NioEventLoopGroup.java:61)
at io.netty.channel.nio.NioEventLoopGroup.<init>(NioEventLoopGroup.java:52)
at mh$1.a(SourceFile:61)
at mh$1.b(SourceFile:58)
at op.c(SourceFile:10)
at mh.a(SourceFile:152)
at bes.a(SourceFile:2162)
at bkb.e(SourceFile:229)
at bkb.a(SourceFile:182)
at bkb.a(SourceFile:148)
at bfy.b(SourceFile:41)
at bka.a(SourceFile:117)
at bho.k(SourceFile:404)
at bka.k(SourceFile:49)
at bho.p(SourceFile:381)

– Affected screen –
Details:
Screen name: bhm
Stacktrace:
at bes.t(SourceFile:1586)
at bes.av(SourceFile:970)
at bes.a(SourceFile:398)
at net.minecraft.client.main.Main.main(SourceFile:124)

– System Details –
Details:
Minecraft Version: 1.11.2
Operating System: Windows 7 (x86) version 6.1
Java Version: 1.8.0_131, Oracle Corporation
Java VM Version: Java HotSpot(TM) Client VM (mixed mode), Oracle Corporation
Memory: 106101760 bytes (101 MB) / 288169984 bytes (274 MB) up to 523501568 bytes (499 MB)
JVM Flags: 6 total; -XX:HeapDumpPath=MojangTricksIntelDriversForPerformance_javaw.exe_minecraft.exe.heapdump -Xmx512M -XX:+UseConcMarkSweepGC -XX:+CMSIncrementalMode -XX:-UseAdaptiveSizePolicy -Xmn128M
IntCache: cache: 0, tcache: 0, allocated: 12, tallocated: 98
Launched Version: 1.11.2
LWJGL: 2.9.4
OpenGL: GeForce GT 710/PCIe/SSE2/3DNOW! GL version 4.5.0 NVIDIA 382.05, NVIDIA Corporation
GL Caps: Using GL 1.3 multitexturing.
Using GL 1.3 texture combiners.
Using framebuffer objects because OpenGL 3.0 is supported and separate blending is supported.
Shaders are available because OpenGL 2.1 is supported.
VBOs are available because OpenGL 1.5 is supported.

Using VBOs: Yes
Is Modded: Probably not. Jar signature remains and client brand is untouched.
Type: Client (map_client.txt)
Resource Packs:
Current Language: English (US)
Profiler Position: N/A (disabled)
CPU: 1x AMD Sempron(tm) 145 Processor