Well, this was one of my predictions. One of my nine predictions.
Madness string 301
House of Randoms, Fanged Fondue, Hatless Hatters... what will it be called next? Frankly, the thing never deserved a name in the first place.
It's a last-ditch survival tactic. The brain expends as much energy as it can to look for any possible way of getting out of a deadly situation, which gives the impression that time is slowing down because you're thinking so much more in that one second. If it works you're left suddenly exhausted but alive; if it doesn't you're just dead.