I'm able to reproduce this error.
pip install absl-py, then:
$ swift
Welcome to Swift version 4.2-dev (LLVM 04bdb56f3d, Clang b44dbbdf44, Swift aa19e11af7). Type :help for assistance.
1> import Python
2> let absl = Python.import("absl.flags")
Fatal error: 'try!' expression unexpectedly raised an error: exception: call stack is not deep enough: file /Library/Caches/swift-build/swift/stdlib/public/core/ErrorType.swift, line 184
A Google search for "call stack is not deep enough" returns quite a few results. JuliaPy implementers ran into a
similar problem, seemingly related to frame objects. I'll file a bug and look into this later.