Types of economic bubbles

A short introduction to this album

Transcript -- A short introduction to this album

Bubbles are when a products value continues to rise beyond its true value. But what happens when the bubble inevitably bursts?

Transcript -- Bubbles are when a products value continues to rise beyond its true value. But what happens when the bubble inevitably bursts?

Intrinsic bubbles, informational bubbles, classic bubbles and fads are all the results of over valued products.

Transcript -- Intrinsic bubbles, informational bubbles, classic bubbles and fads are all the results of over valued products.

Tom Hadfield was only 12 years old when he set up the internet sensation Soccernet, by the time he was 17 years old he sold the company to ESPN for $40million dollars.

Transcript -- Tom Hadfield was only 12 years old when he set up the internet sensation Soccernet, by the time he was 17 years old he sold the company to ESPN for $40million dollars.

The dot.com bubble wasn't just confined to the investment and trading community, the public also got involved, and this caused a media frenzy.

Transcript -- The dot.com bubble wasn't just confined to the investment and trading community, the public also got involved, and this caused a media frenzy.