1. Something that, said in a response to a statement, can mean practically anything. It is often used to acknowledge a friend's meaningless story, without giving the impression that you don't give a shit.
2. If learned in english, the only phrase needed to carry a conversation with idiots
Example 1. Joe: Then I finally waited till the manager came and got me a new burger WITH pickles!
Jack: (looking through phone) that's crazy...
Joe: I know right!
Example 2:
Joe: So they gave me a mountain Dew Code red instead
Manuel: (spanish accent) Thats crazy meng
Joe: And it turns out the waiter was my cousin
Manuel: That's crazy...
Joe: I know right!
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