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Now, I grant you that everyone was in a great panic.
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This is a great panic button for Congress.
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As its title suggests, this work brings its readers from the Crash of 1929 and ensuing Great Depression through economic confusion that set the stage for the Panic of 2008 and the Great Recession.
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But far from the mass ruination envisioned by these proselytizers, most of the long-term top-performing investment letters are using the panic to find great buying opportunities.
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So much for the great Apple (AAPL) shareholder panic.
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If those in this house survived the Panic of 1893 or the Great Depression, or bathed with cold water and used an outhouse, then surely I know I can weather high gas prices.
NPR: Natural Links in a Long Chain of Being
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Recall that the Smoot-Hawley trade restrictions of 1930 turned a stock market panic into a multi-year Great Depression, broken only by World War II.
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Then in early March, 2009, when the 2008-2009 financial meltdown seemed at its worst, near panic that the economy was headed still lower into the next Great Depression, the widespread opinion being that the massive bailouts by the government could not possibly work, the stock market launched into what has become an impressive four-year bull market.
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Yet on the great issue of the campaign, the financial crisis, he has seemed all at sea, emitting panic and indecision.
ECONOMIST: The presidential election