Early weekend Displacement Activity Reading

What is preventing POETS days starting earlier than scheduled this morning? As ever links are in no way recommendations or endorsements

Zero Down Payment? China’s Developers Get Desperate WSJ Real Time Economics

India’s oldest car factory shelves elite sedan Washington Post

KYLE BASS: China Isn’t Just Slowing Down — It’s Contracting Business Insider

Lacy Hunt: The Dark Side of Debt Value Walk

Nobel laureates offer new interpretations of quantum mysteries Science Now
Niall Ferguson’s (Mostly) Comforting History of Central Bank Balance Sheet Expansions WSJ Real Time Economics

The parallels between China’s recent development and how the  USA was developed are uncanny. 
The Hidden Loans that Sank Nanjing Tanker Caixin