What is panic and why do you think this is a panic? If anything, the lack of concern by policy makers and the public has turned this into a catastrophe. If they had “panicked” three months ago, we wouldn’t be in this situation now.
Unfortunately, if we had panicked 3 months ago and prevented all of this, we'd never know it. People would just look and say, "see it was no big deal, we panicked for nothing".
