‘A place void of all light, which bellows like the sea in tempest.’ –Dante
Some people report that in fear-related situations time seems to slowdown. That is to say, for example, during a car crash the event takes much longer from the point of a person experiencing the crash than the observer. But how and why the brain creates this slow motion experience is not completely understood. […]
In a situation where emotions are involved, there is an increased amygdala activity and a consequent increase in memory recording. When a person is asked to recall a fear-related event, the amount of details that he/she can recall is substantially increased compared to normal situation. However, the brain, not used to recalling so many details, is left to think that the event must have taken longer than it really did.
It is ‘the trick of memory’ as Eagleman puts it; the brain is not used to these exceptional circumstances and therefore, it tricks itself into false time perception.