Youll need an extension like sqlite manager, then you can open the
storage.sdb in your profile and in the cal_properties table you can
disable the cache for that calendar. If you do not have any local
calendars, and you know the urls of all your calendars, you can also
just remove that file (or rename), that will reset all calendars.
I´ve fixed a bug regarding hangs in the latest nightlies, you might
want to give them a try. Note however, nightlies are not considered
stable.
Philipp