The depression is the painful but necessary process by which the free market sloughs off the excesses and errors of the boom and reestablishes the market economy in its function of efficient service to the mass of consumers .
The " depression " is then seen as the necessary and healthy phase by which the market economy sloughs off and liquidates the unsound , uneconomic investments of the boom , and reestablishes those proportions between consumption and investment that are truly desired by the consumers .
Countless lakes , sloughs , and ponds are scattered throughout this scene of the yukon delta . The river 's sinuous , branching waterways seem like blood vessels branching out to enclose an organ .