A jobless artist angry over what he sees as Ireland's disastrous foray into the euro zone has built a house out of $1.8 billion in shredded euro notes.
Frank Buckley's project is in the lobby of a Dublin office building that has been vacant for four years, since its construction. The island nation has been devastated by a construction bubble that burst and plunged it into a deep recession that is five years old and showing no signs of letting up.
"It's a reflection of the whole madness that gripped us," Buckley told Reuters. "People were pouring billions into buildings now worth nothing. I wanted to create something from nothing."
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Buckley got bricks of the shredded notes from Ireland's national mint and began "construction" in December. He now lives in the home and is planning on adding a kitchen.
Buckley himself was part of the bust, having gotten a mortgage to buy a half-million-dollar home at the peak of the boom even though he had no steady job. The home, in which his wife now lives, has lost at least one-third of its value, according to Reuters.
He says his new home proves one thing about the euro.
"Whatever you say about the euro, it's a great insulator," Buckley said.