Gukgabudo-ui nal

Much broader in scope and better explained than the Hollywood financial crisis movies like The Big Short and Margin Call. Illuminating the role of the IMF in then Asian Financial Crisis and the cover up of the officials in the government. Touching plot line about the effect on a smaller business owners.

This Korean film, "Default (2018)", is obviously adapted from the American film "Big Short (2015)", but the results are totally different between these two countries. Korea has become exactly like what we've seen in this film. This film got another title: National Bankruptcy Day (of Korea). When Korean government decided to borrow money from IMF, it has been enslaved to the stipulations of the IMF and not just the its government but the whole population is at the mercy of IMF. Judging from what America and the American government keep doing so far, I don't believe America is "too big to fail", because it's like a deadly cancer but it's a very slow and long process.

The leading female actress did a great job, a great natural talent.

A propaganda piece, probably effective in south korea. (as are many elsewhere, at local levels) multiple villains to choose from, but unsure whether blame is equal :

• corrupt politicians and giant chaebols
• IMF
• the U.S. pulling the IMF strings (for an economic annexation???)

the script attempts, and fails, in the explanation of the economic mechanisms. it ends on a note that the current situation, and every situation, is always bad or worse. (i always just assumed corrupt politicians and too much debt is bad, and bubbles eventually burst?) also not helping, as a watcher of many foreign films, i found the acting uniformly awful.

If you are a global financial news/history enthusiast, then you'll enjoy this film. Though the film tends to oversimplify the actual events, it is still informative and entertaining. Very good production, good performances from key members of the cast, and well placed newsreels from the actual crisis give the film a realistic feel without coming across as a documentary.

And new knowledge about south korean history, their 1997 financial crisis, a government pushing the economy down the loo and becomes bait for the imf and according to the film the usa.won they still have allthough ive seen its inflating tendencies, they couldnt take that away from them...

its a good film, very nice production quality and score, though a bit stretcehed out playtimewise, but its absolutely a recommend, by the grumpy old man