This text is dated from April 2016. There was then widespread disappointment with the 8 years of lackluster recovery. Then 2017 was suddenly a brighter year only for 2018 to disppoint early expectations. Doubts about secular stagnation in advanced economies still topical. In the text I warned that “Advanced economies must either radically change their economic prospects by generating growth and jobs, or they will be forced to adjust their social systems in uncharted ways.” Then, I discussed some of the hypotheses put forward in the literature to explain the determinants of this prolonged, low-growth period, I followed with reviewing some of the proposed measures to exit from the liquidity trap, including fiscal and structural policies. While each of these measures has specific benefits, they also all have limitations or are subject to constraints. I concluded that only an encompassing policy mix can deliver stability and prosperity.