The only way I can currently get my self to attempt to understand how the current Universe may exist is that even enough time, the Universe will enter a state of maximum entropy, at which time, time will cease to exist. At this point, the Universe will no longer experience time as increasing entropy and will enter a quantum state where all possible will happen, but the Universe will only exit being in a quantum state into one of the many possibilities. Rinse and repeat a infinite number of times, and you eventually will create a Universe that can harbor life and entropy will once against be low and start increasing again.
No idea. Just one way I can attempt to wrap my mind around the idea of time not really being "real".