This Psalm talks about 2 two different ways (like Matthew 7:13 and on - two roads, gates, trees, fruit and foundations). We as Gods creation have a choice and it's a real choice. But the outcomes are very different. You can follow the advice of the wicked, sit in the seat of scoffers, BUT... the happy people delight in Gods teachings and way of life.
So often, things look so bleak. But God has a plan. And the power to see it through.
"But" sometimes rests on a choice you make (or don't make)