Markets always tend to be unstable on the way down.
KONG - A year ago, Prime Minister Mahathir bin Mohamad of Malaysia stood up in front of the annual meeting of the World Bank and International Monetary Fund and said that international currency speculation should be banned. Bankers in the audience shook their heads, almost pitying a leader so out of touch with how the real world worked. Amid the rubble of Asia's collapsed stock markets, analysts say a select group of survivors is now beginning to emerge. ONLY months ago, there was a highly seductive line of logic about investing in Russia. With one of the world's best educated populations sitting on some of the world's greatest natural resources, it could only be a matter of time before the invisible hand of capitalism gloriously reversed seven decades of Communist mismanagement.