FATAL ERROR: CALL_AND_RETRY_LAST Allocation failed - process out of memory

Node version is v0.11.13

Memory usage during crash according to sudo top not raises over 3%

Code that reproduces this error:

var request = require('request')
var nodedump = require('nodedump')

request.get("http://pubapi.cryptsy.com/api.php?method=marketdatav2",function(err,res)
{
    var data
    console.log( "Data received." );
    data = JSON.parse(res.body)
    console.log( "Data parsed."   );
    data = nodedump.dump(data)
    console.log( "Data dumped."   ); 
    console.log( data )
})

To check if that a recursion stack size problem I have ran next code with --stack-size=60000 parameter

var depth = 0;

(function recurse() {
    // log at every 500 calls
    (++depth % 500) || console.log(depth);
    recurse();
})();

and have got

264500 
Segmentation fault

Then I ran code which gives me FATAL ERROR: CALL_AND_RETRY_LAST Allocation failed - process out of memory with the same --stack-size=60000 parameter and haven't got Segmentation fault.

So I conclude CALL_AND_RETRY_LAST has nothing common with the recursion stack size.

How could I solve this problem? I believe there is enough free memory on my computer to finish this task successfully.

There are similar questions on stackoverflow but none of this questions are about CALL_AND_RETRY_LAST that's why I created separate question.