There's no legal reason not to hold a second, honest, referendum and hope for the only sane result, but there are enough racist clods running around (typically the English countryside) that it's going to get very ugly if there's a second referendum. The morons are already bleating about "voting until the EU gets what it wants again." In the meantime, they remain convinced that every fresh disaster is either fear mongering or due to excessive appeasement of the EU, rather than accepting that their basic premise was plainly insane. It's simply horrifying how little movement there is in the few polls on the subject.
Even at that, the old Remain camp is fracturing into one group which wants a second referendum to try to salvage something, and a second group which thinks a second Brexit vote might prevent fixing the relationship for a generation, so the only way out is through. They hold that we have to take our lumps and destroy the economy before enough of these idiots figure out what a stupid idea Brexit always was. Then we can work for re-admission into the EU, but we'll never get in on terms as good as we had the first time, so the Pound is going bye-bye when that happens, just for starters.
Yes, it's a mess.
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