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Witnessing history.
Really, with the yen falling like this, the travel industry has already started to stir.
On Xiaohongshu, the collection of "Japan Budget Travel Guides" has visibly increased over the past two weeks.
A friend of mine flew to Osaka last month, and he said the whole trip was cheaper than going to Yunnan.
The Bank of Japan kept interest rates unchanged this time and also lowered the growth forecast for 2026.
Middle Eastern tensions, energy costs, and tariff pressures, all stacking together, are making Japan feel the squeeze.
It's hard to see a major turnaround in the short term.
For ordinary people, what can be done is to seize the window of a cheap yen, quickly travel, spend, or buy some Japanese assets.
Just in time for May Day, what a coincidence.