The effect I find is that my opinions and expectations fade and the way this help in panic is that, the initial trigger will come but my reaction will be lessened, so that exponential build up of anxiety and tension just dies at the root. It's also a different route from the building of self esteem route, in that it makes your self esteem (low or high) less important, because all the things you think make you a bad/good person dont matter so much, which is good for when those things cease to be the same way.