

Bank panics were characterized by the widespread appearance of bank runs, attempts by depositors to simultaneously withdraw their deposits from the banking system. Severe panics also happened in 1873, 1884, 1890, and 1893, although numerous other smaller financial crises cropped up from time to time. It can add to your sense of panic and may cause you to have more attacks. This can create a cycle of living 'in fear of fear'.

You may start to avoid certain situations because you fear theyll trigger another attack. The Panic of 1907 was one of the most severe of the bank panics that plagued the National Banking Era of the United States. Panic is the most severe form of anxiety. Panic may occur singularly in individuals or manifest suddenly in large groups as mass panic. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered into bankruptcy. Panic-attack as a noun means A sudden period of intense anxiety, mounting physiological arousal, fear, stomach problems and discomfort that are assoc. Panic is a sudden sensation of fear which is so strong as to dominate or prevent reason and logical thinking, replacing it with overwhelming feelings of anxiety and frantic agitation consistent with an animalistic fight-or-flight reaction. Panic occurred, as this was during a time of economic recession, and there were numerous runs on banks and trust companies. The Panic of 1907, also known as the 1907 Bankers' Panic, was a financial crisis that occurred in the United States when the New York Stock Exchange fell close to 50% from its peak the previous year. PANIC meaning: 1 : a state or feeling of extreme fear that makes someone unable to act or think normally 2 : a situation that causes many people to become.
