Maybe those dreams could be your subconsious awareness of the fakeness and limitations of what you are presented with. For example with the clock. time is slowing right down and trapping you, it does that in life too. The guilt and panic may come from the out of control of the unknown, and what you did to be like that, like what have you done? of what you think is somethign forced upon you in relation to something outside you, that you know you are not overcoming and at it's mercy. and whatever you are feeling may come from something that has either happened to you or something regarding your consious vibration at the wavelength in which you are interacting with your subconsious processing, to produce something which as a result needs to be expressed and felt and has come out in your dreaming....
if that makes any sense. well That is what I am feeling and I tried the best way I could to convey it to you form what I remember.