Tuesday, November 15, 2011

Unemployed Artist Creates House From Decommissioned Euros

Very interesting story about how the house came to be.

When life gives you lemons, make lemonade; and, that's exactly what Frank Buckley did. When life gives you a global economic crisis, a gloomy real estate market, and an uncertain currency future, make a house out of shredded-up money. And, why not? That's what unemployed Irish artist Frank Buckley did; and, it's working out well for him.

Over the last couple of months, Buckley has amassed a former fortune: a whopping 1.4 billion euros (US$2.3 billion) in decommissioned paper currency and used it to build himself a home -- proving that even if you're not made of money, your dwelling could be.

Considering the hardships being felt by Europeans in light of their ongoing monetary crisis, as well as Ireland's housing slump, the artist's creative construction is particularly timely.

"It's a reflection of the whole madness that gripped us," Buckley says of his project. "People were pouring billions into buildings now worth nothing. I wanted to create something from nothing."

"Whatever you say about the euro, it's a great insulator," he added.

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