I've always chuckled when I've reading warnings say "First, don't panic." Then I came across a warning that said "now is not the time to panic."
Thanks. I'll keep that in mind.
The silliness of the warnings (is there ever a good time to panic?) has led me to saying "now is the time to panic" - or just saying panic! - during times of relatively unimportant disturbances. So, if we are out of pudding - panic!
But in answer to my question above, I thought I may have found a situation where panic is entirely appropriate, via CNN:
What to do when body parts fall off
Sadly, the headline is a bit misleading, since it opens with a story about unintentional amputation. That isn't exactly "falling off." And of course, panic isn't the proper response. Foiled again!