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The absence of political leadership and government transparency fuels panic and fear.
And that fuels panic, leading to sweet opportunity this morning for Gross: Thornburg Mortgage, which lends to millionaires who tend to pay back their loans, isn't able to roll over its own loans.
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The financial sector is much safer, with much more capital to absorb banking losses, much less of the risky overnight funding that fuels panics, and much broader regulation of Wall Street institutions that once operated in the shadows.
Recklessly imposed capital controls could fuel panic and impair long-run growth.
Cancelling engagements would only fuel panic, so he travelled to Loughborough to launch new e-commerce policies.
And while uncertainty did help fuel panic in the fall of 2008, even if banks had been as transparent as possible, there would still have been a panic.
In a crisis supervisors will still be terrified that the threat of hundreds of billions of dollars of losses will fuel panic.
The Labour MP for Bassetlaw, John Mann, blamed Maude for instigating the fuel panic and said that he should "do the decent thing and resign".
Perhaps more important, if not carefully handled, a grand Sarkozy initiative for closer European integration could bring a backlash in Germany, causing trouble for Mrs. Merkel and fueling panic in the financial markets.
Warning of a repeat of last week's fuel panic, the RMI chairman, Brian Madderson, said: "The government needs to understand that the panic buying witnessed last week will be instantly repeated should the supply-side logistics come under renewed threat.
The massive scale of the placement helped to fuel panic selling in China and Hong Kong Monday and Tuesday, and triggered speculation about Ping Ans targets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com