I doubt that very much.  I have been in Germany and Spain recently.   Pedestrians were very respectful of the rules and the signs.  They did not walk against a red and were not out in the intersection when they should not be.  

In Barcelona cars were ripping along the streets and I mean ripping.   

In Germany the same thing.  

So lets rephrase your statement.

When the light turns red, the cars all stop and the pedestrians can then go...        

That's likely closer to the truth.

You might believe you have the right of way but when you get hit your dead just as if you did not have the right of way.  

So look after your self.  Check before you just step off the side walk.  If the light is flashing red for you on a count down, and you enter the intersection your jaywalking.  Your life is in your hands.......