I hadn't realized that Strages was Atlantis. This certainly looks bad, although there's no way to know for sure.
As Kydorias is saying, I began to attack Atlantis' land provinces, and on the last hosted turn wiped out an Atlantean army around 150 strong with practically no losses. He was on the fast track to elimination at that point.
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Great indebtedness does not make men grateful, but vengeful; and if a little charity is not forgotten, it turns into a gnawing worm.