The recession hit !

With the great recession creeping in, without any pre-warning( or may be we were overoptimistic to overlook the indications), i feel my blogs will have to touch the same topic.
Being an engineering graduate myself, n not completely oblivious of news like global slowdown and subsequent cost cutting and lay-off, i too have stopped dreaming about an approaching life of luxury n quick bucks and started living in constrained thoughts.
Right now i m just done with my B.Tech and like thousands others, i too am placed and awaiting a concrete joining date, though the firm which has recruited me takes care to send me periodic mails to assure that though a bit late, it would stand by its words n would employ us.
Thoughts in my mind right now:
what if conditions are worse than this?
what if the company is indeed loyal to us but has to save it own skin before anything else?
what if the company doesnt take us?
what if it does.. n after a few days.. follows the well known lay-off on the pretext that we weren't good enough?

I do panic.. much alike others.
But deep down, i have a thought.
what crippled me so far.. that me who was looking forward to a really lavish lifestyle ahead, now hardly dares to dream.
Me, who some days back.. seemed so confident and self sufficient now even has to think of remaining safely in a job.. yuuk .. i hate mahself for the same!!!
Is it like companies who made really great offers for graduates have actually made them more complacent about life?
Is it like.. with all the success stories around ( much to the credit of business boom and less to the credit of merit) i had indeed taken my life for granted?
Wasnt it necessary for me to intro-spect?
Wasnt it necessary to think.. what if such a situation arose( even virtually)?
Wasnt it necessary for me to plan my life?

am i going to move on with the herd..??
Doing what others did, succeeding when everyone does n panicking when others do?
Arnt i really going to move out of this n THINK N ACT !!
the answer still haunts me !!