IMDb RATING
6.7/10
1.7K
YOUR RATING
A dramatization of the behind-the-scenes story of the IMF negotiations that took place during the financial crisis in 1997, through three parallel stories.A dramatization of the behind-the-scenes story of the IMF negotiations that took place during the financial crisis in 1997, through three parallel stories.A dramatization of the behind-the-scenes story of the IMF negotiations that took place during the financial crisis in 1997, through three parallel stories.
- Awards
- 3 wins & 5 nominations total
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Featured reviews
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.
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 :
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.
- 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.
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.
The leading female actress did a great job, a great natural talent.
As an investor for over 30 years and one who was living in Asia at the time of the events I found it interesting.
The movie reflects what happened not only in Korea at the time, but in many other countries, including my native Romania which became indebted to IMF at some point - I still recall the hardship and the draconian austerity imposed at the time.
9/10
A film with a stellar cast. Based on true events, a captivating film. I loved every character and their connections. I found Yoo Ah In's character so brilliant, I was enchanted by her. She's ironic, intelligent, and mesmerizes you with her ability to deliver dialogue. It may seem slow, but it becomes compelling as you watch. I really loved Kim Hye-soo, brilliant as always, a headstrong character who holds that storyline together. A film that's absolutely worth watching and will keep you glued to the screen.
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Details
- Release date
- Country of origin
- Official sites
- Languages
- Also known as
- National Bankruptcy Day
- Filming locations
- Production company
- See more company credits at IMDbPro
Box office
- Gross US & Canada
- $203,775
- Opening weekend US & Canada
- $50,011
- Dec 2, 2018
- Gross worldwide
- $27,694,043
- Runtime
- 1h 54m(114 min)
- Color
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