The Big Short (The Big Short - 2015)

Film Summary: Based on Michael Lewis's book, it follows a group of investors and hedge fund managers who recognized early on the flaw in the American housing market and decided to "bet against" (Shorting) the American economy before the global financial collapse in 2008.

The Economic Insight: This film is more like an entertaining lecture in complex financial economics. It cleverly explains complex concepts such as "Collateralized Debt Obligations" (CDOs), credit default swaps (Credit Default Swaps), and the subprime mortgage bubble (Subprime Mortgages). The most important message is how "Corporate Greed" and phantom credit ratings can destroy the global economy.