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Trump’s Economy Has Come for Sugar Babies

WIRED·Jason Parham·about 2 months ago
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When Nikki Saryan called one of her former sugar daddies in March, she wanted to talk about money , just not in the way he expected. Though there was a time when she pulled in $20,000 a month and was treated to first-class trips to New York City, Saryan now needed investment advice . Specifically, Saryan wanted to know what stocks to buy, “like where exactly I should safely put my money or if I should even put it in the stock market at all,” she tells WIRED. Instead, her sugar daddy, a finance guy in his late sixties, suggested a slow-growing, low-risk investment account with Charles Schwab that would be a safer bet than Wall Street. Considering that a Truth Social post by President Donald Trump can cause global markets to rise and fall in an instant, he might have a point. “He told me not to invest in any stock right now, to calm down and relax, because everything is kind of going to shit at the moment,” she says.…

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