Be a Pro Writer III - How to Write an Event Analysis by SCQA Framework?

CaptainTiger
2023-03-13

How to make your article clear and organized? How to summarize and analyze an event quickly?

Here are the most common frameworks for thinking and expressing, which are applicable to hotspot analysis, event thinking, and even team communication.

2. SCQA Framework

The framework stands for Situation, Complication, Question, and Answer.

Situation: When we express ourselves, we first draw attention to a familiar "situation" or "present" by describing it.

Complication: Then we tell the reader what the bad "outcome" would be if it happens or continues to happen.

Question: Then point out what the "problems" or "challenges" are.

Answer: Finally, offer your "solution" or your thoughts.

In the Tiger Community, @KYHBKO provides us with an example of "What can we do as America has hit record debts?" by using the SCQA framework.

If we break down the article by SCQA framework, the four components would be:

Situation:

US debt levels are at record levels at both the household and national levels.

Complication:

  • The rise in household debt is largely due to the increase in the cost of living, which is causing families to turn to credit facilities to meet their basic needs.
  • The rise in interest rates further compounds this issue as it makes it more expensive to repay debt.
  • The national debt is projected to reach its highest point in history within the next decade. Deficits are expected to rise, and interest costs will nearly triple in the next decade, while revenues are not keeping pace with the growth in outlays.

Question:

Does the US have debt cancer?

Answer:

  • While household debt may be seen as a personal issue, the national debt has a global impact as the US dollar is the world's reserve currency.
  • The mismanagement of the US government could potentially cause a worldwide financial crisis, especially considering the massive amount of debt that the government needs to pay back with interest.
  • The rise in interest rates and the trend of falling savings and increasing debt are pointing to defaults and financial ruin, which could lead to a financial crisis in the coming days.
  • The article suggests that financial responsibility needs to be a priority for both the government and individuals to avoid a debt crisis.

Based on the above example, let's use this framework to analyze the situation of the Federal Reserve continuing to raise interest rates.

Situation:

  • The Federal Reserve has continued to raise interest rates in recent years.

Complication:

  • The decision to raise interest rates can have both positive and negative effects on the economy. On one hand, raising rates can help to cool down inflation and prevent the economy from overheating.
  • On the other hand, raising rates can make it more expensive for individuals and businesses to borrow money, which can slow down economic growth and potentially lead to a recession.

Question:

  • Why has the Federal Reserve continued to raise interest rates despite potential negative effects on the economy?

Answer:

  • The Federal Reserve's decision to raise interest rates is driven by a number of factors, including concerns about inflation, economic growth, and financial stability. The Fed may believe that raising rates is necessary in order to achieve its mandate of promoting stable economic growth, low inflation, and financial stability.
  • The Fed may be taking a gradual approach to rate hikes in order to minimize the potential negative impact on the economy.
  • The decision to raise interest rates is complex and involves weighing a number of factors, and may require ongoing adjustments based on changing economic conditions.

While both frameworks can be used to communicate information effectively, the "what-why-how" framework is more suitable for general problem-solving and decision-making, while the SCQA framework is specifically designed for deep analysis.

Hope these two frameworks will help you write the articles clearly and effectively. If you use these two frameworks in your own articles, joining our topic will receive Tiger Coins~

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Period: Mar. 13 - Mar.19

Be a Pro Writer III - How to Write a Good Event Analysis?
How to make your article clear and organized? How to summarize and analyze an event quickly?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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