"One of the seats of emotion and memory in the brain is the amygdala, he explained. When something threatens your life, this area seems to kick into overdrive, recording every last detail of the experience. The more detailed the memory, the longer the moment seems to last. 'This explains why we think that time speeds up when we grow older,' Eagleman said--why childhood summers seem to go on forever, while old age slips by while we’re dozing. The more familiar the world becomes, the less information your brain writes down, and the more quickly time seems to pass."
+ What a brush with death taught David Eagleman about the mysteries of time and the brain.