Panics are the best time for level-headed, creative people to take command. While everyone is running around screaming, “The sky is falling” you can seize the moment and the market. Also, most panics result in advances in technology.
During the Great Depression, air conditioning was invented and it forever changed life and business in the Southeast and Southwest. During the recession of 2008-2010, social media (Face Book, Twitter, Linked In, Blogging, YouTube, etc. ) forever changed the way we communicate.
Never let a good crisis or opportunity go to waste!